Replies to post #53768 on Colorado Goldfields Inc. (fka CGFI)

[Akula42]

That is correct: 5000 x .0001 = .50

I am just trying to catch up on the board but I believe the discussion is about a 5000:1 reverse split. If so, that would be .50 cents per share after the split if it is based on .0001.

I see some folks are going the wrong direction with their after split shares as well. You would get 200 shares of CGFIA for every 1 million shares that are owned.

[akgoldminor]

For example, if I had 10,000,000 shares, with a 1:5000 r/s I'd be left with 2,000 shares. If I had $10,000 invested, that would equal $5/share, no? Just a little confused here. I understand that 5000*.0001=.50, just can't get the math to work in my head.

Sucked when they got rid of arithmetic and told me I had to learn "new mathematics" and all that crap. I'm an old cigar box accountant.

AK

[SkunkRiverTradingCo]

the PPS always goes down from there--that is the equiavalent start but it always drops back to where is started from 0.0001
I look at that shit and it makes me pule Get out at the initial RX price cause it 99% of the time goes back to initial price--that is whyeveryone hates R/s they are a fuck..in screw to shareholders Now if a RX would go up but they IMO usually do not
the co is in trouble and fakes to get the PPS up hardlu ever works --Rs equals doom for a company--thats a fact

later Grizz