Replies to post #37849 on Aisystems, Inc. (fka ASYI)

[CAJUN]

It effects the shares you own and the price per share, by an equal amount, where it hurts is it takes three days to settle in ur account, by that time all the insiders and mm's have gotten their money out.
Anyone else been thru a reverse split?

[my2Mustangs]

Just the OS, the 5B AS that was approved by the "majority shareholders" stays at 5B even after a RS. Just another way to wash, rinse, repeat.

If the "majority shareholders" want to do a RS it can be done the same way they increased the AS, "written consent by the majority shareholders."

That's the way it works for companies like ASYI, vote control means everything for the insiders and I guarentee the insiders have vote control.

GL tomorrow and I hope the longs don't forget to slap the ask.