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It's called a recapitalization in that case. A nice way of saying the existing shareholders will be wiped out and have to start over.
Still time to buy shares before the R/S.
LMAO!!!
Not always the case-
Check out the paragraph under the heading REACTIONS.
http://finance.zacks.com/reverse-stock-split-good-bad-2298.html
This is the case here-new management running the show.
Everything will happen at the same time......"next week".
It's kind of a national roll out week for all pinky companies.
I agree. Also when it does happen it won't be as high as many thought....I suspect around 1000:1. Even after the rs I'm not worried though bc some larger investors will come on board, they will be fully reporting, and have some things planned that will bring err back up. Looks like the BL crew has invited the paranormal into their group 8) lol
believe me I am not bidding 2s on this confirmed R/S pos
IF RS happens it will not be for a while
They just sent their papers to Firna earlier this month. No word back from Firna and check their last PR from yesterday.. Also no word on RS updates, After Firna gets back to them which could be months, they will probably announce the RS within a month or two after everything is finalized. I'd guess If RS happens it will be around December
Well not all are bad, especially trip splits that are less than 1,000.. Success rate is much higher with these compared to 4000+, but I'm sure you already knew and that's why these 3's are getting eaten up and why certain posters haven't filled their 2's.
Was an approximate date given for the RS? If not any guess's?
R/S will decimate all investors here, as just about all R/S's do.
Dreamlife seems you keep changing things or are they just more lies? No more BIG TIME stay at pennies because know one believes our lies IMO!!!!
Misconception that the r/s is over 1000x1, not the case. We'll be completing the FINRA action staying in pennies for now. We appreciate our stockholders!
Posted on fb not more than 1000:1
I. Might leave a few million now that they came forward and said the Rs is to be less than 1000. Trip stocks don't normally rs that small so it's worth a play.
im thinking the same thing.. in and out .. at 3
With a 1000, it looks more like a .0008-.001 target before the split
They're planning for less than 1000, check their twitter
not sticking around for RS, could be months before anything happens
If you talked to DL, we know where the crap is coming from.
Thanks.
thought the news would be more EXCITING .The last news was more EXCITING. EVEN though you had to watch close or you'd miss it.
The checks fill in blue when the person read the message, why aren't the checks blue
The checks fill in blue when the person read the message, why aren't the checks blue
How are they going to reply to your message without it showing up that they saw your message... Hmmmm
Thought the news would push us to new highs. Too bad the RS rumors are hanging onto the PPS. whatever.. In at 3 out at 3
I know right.
I'm fairly confident though after meeting them and hearing more about their technology
Hope they show up and this does not drop back into the trips.
It has to in order to get large investors to come on board.
Yes. Reverse split.
Well, I know that bigger investors don't like sub-penny stocks. Even though the product should/will sell itself, I think it is better for the stock price with the R/S and bigger investors coming in right away.... ultimately faster return on investment.
DD
Are you talking about a Reverse Split?
It would be nice if the RS didn't happen. This technology should sell itself
Can't even imagine waiting 4 years for this DL scam.
But then, I don't believe in Crystal balls for investors.
Good move and yes me happy too lol
Anything less than 4,000:1 would make me pretty happy since I'm planning around the 4,000:1.
I've been doing a little buying based on what I expect and planning to hold at least through 2018.
DD
Yeah, probably. If big investors come in at $1.20, it should be good from there.
DD
Yes my apologies my math was wrong but I think they knew what I was getting at ??
With a 4,000:1 split, the stock only needs to be at .00025.
Right now, with the price at .0003, a 4,000:1 split would make it 1.20.
I am planning on the 4,000:1 split myself, but hope it might be a bit less than that.
DD
If your referring to me I'll sell as soon as it hits what I bought in .it only has 1 point it can go down so I can't lose much more but I'm pretty sure it will never go back up so I'm waiting for DL to bankrupt
Perhaps for folks just coming on board but the bulk of my shares were accumulated prior to rs new so I gotta play the cards I've been dealt.
Are u anywhere near Los Angeles?
thats all fine, but if I believed in the company I would be buying after the reverse split.
Not too worried.
You wouldn't be either if you sat down with the DL team and had any idea about how amazing this technology is.
You are right though as I do expect a drop after rs as most stocks do but rs are not always a bad thing. It will come back up.
Check out text under the heading Reactions in this article:
http://finance.zacks.com/reverse-stock-split-good-bad-2298.html
It really does apply here-new management driving now and good things to come.
Hey thanks for the post; I appreciate it.
I believe it's gonna be a 4000 split within the next two to three months or as soon as the name/symbol change goes through. I suspect new symbol (rumors heard) will be DMLF.
Large investors won't come on until stock is fully reporting and $1+
Stock has to be at least $.0025 before split for it to equal $1 after split
you'll be in for a while, and down huge after the reverse split pending
I am the only one on here that has actually sit down and talked to the DL team but many spew crap like they know what's up.
Flippers get out now as this is not a stock for you.
Real investors stick around and accumulate what you can afford to and hang on. With patience this will be successful beyond our wildest dreams.
O but scamlife is 1# on the breakout board ( witch means ABSOLUTLY nothing
This is not a flip n go stock
Been here for four years and willing to wait four more for success
160m shares strong and climbing
Look for another stock bro
remember who tried pumping this garbage, trying to get you to buy into an R/S stock
The problem: DL hasn't been able to get ANYTHING through FINRA because it has been nothing but a scam. Fortunately (?) that also means no R/S.
IBRC is born of scam and it remains scam.
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