InvestorsHub Logo
icon url

jlcali621

06/23/13 11:49 PM

#42315 RE: DOLL HAIR #42308

A reverse split makes it a really low floater and then they can issue more shares. Raise cash, that is the whole point of a R/S. 10:1 RS would lower the float considerably, but your avg. price per share would go up 10X temporarily and amount of shares you own down 10X.