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Sky-King

01/20/09 11:12 AM

#27272 RE: Rays9268 #27271

It means that if you have a million shares valued at .0001 and you have a reverse split of a 1000 to 1 then the new value of your now thousand shares is a dime a share. You loose because the company keeps dumping shares and the price retreats quickly thus almost entirely wiping out all the pre-split shareholders. This company is good at dumping shares and reverse spliting on phony stories.

So all that means that if you value your money you won't want to invest it here.