InvestorsHub Logo

cloud9

02/11/12 2:41 PM

#77403 RE: Willboat #77402

Thank you for clearing that up and posting the correct outcome of a 1:1000 RS. Recently this was posted

We have reserved 5,000,000 x 25 because of R/S or 25,000,000 shares


The mathmatical outcome in that statement was in error as well (5x25=25), however the real issue is the Reverse split (IF CPRKQ decides to reverse us), and how it works. The reduction in the number of issued shares is accompanied by a proportional increase in the share price. It's the opposite of a forward split. The quote above would have been representative of a forward split if the multiplication error was corrected.


double/down

02/11/12 3:22 PM

#77404 RE: Willboat #77402

first no way its gonna run to .005~~~ .0003 x 1000 =say what(.30)x 2000ave.number of shareholders shares =$600 bucks ? most are in $1000's

dent1

02/13/12 9:15 AM

#77406 RE: Willboat #77402

what that will do is get the share structure under control. then the pps will drop considerably then they will be able to raise money via stock sale and just possibly under good stewardship get a legitimate company going . without that there will be no money raised, no merger done no value at all.will we the shareholders lose more ? no more than we have already lost.