Replies to post #34302 on Kraig Biocraft Laboratories Inc (KBLB)

[igotthemojo]

"now fast forward stock price is .26c"

with 10 times less o/s the price would likely have risen 2.60 instead of just 26 cents....you are talking about a scenario where kblb would have 50 mil o/s rather than 500 mil....again, thats how the stock market works...

you think kim gave you some kind of gift...he didnt...in this world, you dont get something for nothing kid..

[manshoon1]

I know mojo has already replied to you and informed you on how stock splits work....... but...

As I said in the post you replied to.

SPLITS ADJUST THE MARKET CAP. WITH


In a 10 for one f/s:
day before the split witha market cap of 100 M
day after split market cap of 100 m

share count goes up X 10, SHARE PRICE goes down X10.

What happens afterwards is entirely independent of the split.

The horrible argument popularized here is that the split was done for LIQUIDITY REASONS. 10 cent penny stocks don't have liquidity problems that doing a f/s will solve.

I.E. look at the trading for the 12 months following the f/s, does it look liquid to you?
LOL!