I wonder how it works for the shorts? Would be nice if they had to buy back the pre adjusted number of shares. That won't happen but the market cap and price ratio are now easy to figure out from the announcement. A little DD compare news and stock price to mcig. Were seriously undervalued. I come up with 260 m outstanding 26x6.7= 17.4 mil market cap. thats about 1/4 the market cap of mcig. who is coming out with a vape product next year. there last one was a dude that they stopped selling. PLPE has a lot more going besides the vape thing, but that alone puts it 75 % undervalued copaired to the market. That stuff aside this is the first step in getting lisited as what the company is. Gt the name stright on yahoo, google qnd MSN. People wanting to find A MQ stock now have a good chance of seeing one positioned to be a leader in a fast growing market. Im good with the market cap and then some.
I agree with what you say. They won't issue new stock right after the split. After the split and thereafter it hits bottom, then buy. Short term hold. VAPE is not a long term hold now! When the dust settles after dilution, it might be a buy if the product sales.
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