Replies to post #508 on Timberlake Energy Solutions Inc. (TLKE)

[Fishing at Surfside]

I don't own this one but noticed that the PPS is $1.50 today on a trade fo 333 shares.

[Billiam_2]

Satori if you carefully read the PR regarding the split it indicates a 5 to 1 split and we keep our original shares, hence a 6 to 1 result. I hope that answers your question.
Billiam

[stealth06]

Satori. Right and Wrong!

In this case this is a 5 for 1 additional split. In the press release it says in addition, and that original share certs not to be surrendered.

Mr Ritchie verified this, i.e. 1 share at $4.00 equals 6 shares at $4.00, ie. $0.66 per share.

Of course then any nominal increase in stock price going forwards is multiplied by 6!! Happy days.

THENNNN, now we have TYEG at $1.50. Am waiting on a call back from Mr Ritchie to see wether or not this is the value of the new split stock. If so Happy Happy Days.

Will let you guys know