Your parent company starts a $100 Subsidiary..... Then sees a run from .02 to $4.65 in a few short days. Market Capitalization for **** sky rocketed from $194,688@.02 to $45,260,505@4.65!
Question - Publicly traded companies are allowed to do this legally? Even if the Subsidiary.... is only valued at $100?
Financial Information No Par Share Count: 0 Capital Amount: $ 100.00 Par Share Count: 10,000.00 Par Share Value: $ 0.01