Replies to post #41205 on Good Life China Corporation (GLCC)

[Stratey]

Sure...

Let' say you purchased EFGO in November 2007 (only a year ago) at the then current price of $.0004 (most bought at much higher prices).

EFGO split into MONA 2/1/08 - 1 for 1,000 reverse split.

Your cost basis is now $.40/share.

Then, MONA reverses again at 1 for 1,000 split.

Your cost basis will then be $400/share!

If the current price remains the same, on the R/S date the price of the stock would be $.40 (40 cents).

So, you'd only need the stock to get up to $400/share for you to BREAK EVEN.


And SHORTY caused all of it. (is that Miro or Garr's nickname, by the way?)