Awake - I think the math makes the 10 billion to become 10 million - (10,000,000) because 1 billion is 1000 million. But I have to agree with Klaus in post #73 and Matrix in #86 - the A/S could just have stayed the same. Say there were 9 billion O/S at the time of the split, that becomes 9 million but was probably quickly diluted with the dumping of new shares right away, raising the O/S. They can keep dumping until they get to 10 Billion again.
I tell people that I trade penny stocks and they think it is some kind of "little game" until I fully explain it. CMKX just noted that thay have 700+ billion shares O/S (I think).
700 billion x .0001 = 70 million dollars! Many shares were sold for a higher price, where does the money go? The trick is to get a piece of that pie instead of contributing to it LOL.
OK - correct me if I'm wrong but QBID was GAAY and was something else before that, a R/S "repeat offender". After it became QBID it was diluted down to .0001, about where the next reverse split usually occurs - but there was no R/S. There was rumor, news, and a turn around. it ran to the .0025 area, evetually broke out at .0038 or .0045 or whatever and was .027 within days. I know because that was my first run and it blew my mind and actually became a deficit to me - too much money too fast but I guess things could be worse. GLTA
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