Mr. Derf's math is indisputable, in this case...lol sadly so.
Yesterday I had 1 million shares worth .0004 cents each, today I have 8 shares worth worth $50.00 each....
The part that makes me happiest, is knowing, from historical performance of almost every penny stock that ever split this way, that all these sheeples will soon own 8 shares of a stock worth .0004 each, again. A share price area that they seem most comfortable in. What a bunch of major morons..
Isn't there a penny stock adage that goes "when your penny stock splits.. so should you"?