Well let me add this. I've flipped flopped on this stock several times so bear with me.
Hypothetically, and this is a big hypothetical, lets say this brand does have "incalculable value" as Mr. Peacock says. They will 100 million to one reverse split and take it private. Right? How much could it cost to pay us out at .0002?
Either way, we lose. We (average shareholder) can't win here.
Is the above legal? Probably not. The SEC clamps down on that pretty hard actually but I doubt they care about these crummy stocks. They've got bigger problems.
Ultimately increase the value of the stock? Yeah that's the line they sold to everyone here too. I knew it was BS then. This company has done exactly what I expected them to do.
Feel free to spell it out to me too, right here. For every one you spell I will give you two companies who has R/S multiple times (legally I might add) to the lawsuit outcry when investors realized they had been shafted.
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