Replies to post #7998 on 1st NRG Corp (FNRC)

[DonnasBeau]

A month or two ago, PS@ID reverse split 1 for 2 and went from .018ish to over .25

I'll take that here in a heartbeat! That will still be a 6-figure payout!

Holding long and strong.. I have faith in you, FNRC!! Don't let me down!!!


GO FNRC!!!

[realist567]

Actually, a reverse split is "A reduction in the number of a corporation's shares outstanding that increases the par value of its stock or its earnings per share. The market value of the total number of shares (market capitalization) remains the same."

So no, you do not lose 90% of value like you stated. The value stays the same. And to be honest, if it means that FNRC has landed a few partners and they are doing a RS to get out of the OTC then im all for it.