Replies to post #28313 on Greene Concepts Inc (INKW)

[sliderulex]

Well, I have never liked reverse splits because all the ones I've been involved with eventually (usually pretty damn fast!) hurt the investors. I would rather the pps drop to 0.0001 than for LKEN to do the dreaded reverse split!

[WSD]

Well, you realize that once a stock comes down to $0.0001 and you're investment was worth $100 for example it can't go any lower? However if it gets down to $0.0001 and the company does say a 20 for 1 R/S, the actual value should be a min of $0.002 or $100, although now the price can sink even lower and get back to $0.0001 again, meaning that original $100 you had can now go even lower to $5 if it were to hit $0.0001 again, and the cycle can repeat. I don't see anyway how an R/S is more beneficial to you than a price of $0.0001