70107480
OP
:
For those who are still confused, first, the reverse split will divide your number of stock by 4. And multiply the price of the stock by 4. So in the end, it's just the same.
70107480
OP
:
For example, if you have, originally have 100 shares of stocks, price at 1 dollar each. What will happen is, your 100 stocks will be divided by 4, so it will become 25... (100/4=25). But.... your original price of 1 dollar, will be multiply by 4... (1 dollar x 4 = 400). So now you have 400 dollars worth of stock. So in the end, its just the same
70107480
OP
:
Because one of the requirement to be included at NASDAQ is the price to be around 3+ or other people say its 4, and this is one the the big reason that we have the reverse split
70107480
OP
:
Guys, to be included or traded at NASDAQ is a big thing, it simply means that all or most Broker can trade it, or let me say it this way, you can buy it almost everywhere if not all brokers
70107480
OP
:
And this is big for 2 things, first, most people can buy it without transfering/opening another account for OTC stocks. Second, a lot of peop[le dont like to invest on penny stocks that are under a dollar. Now, they will be interested to invest into it. And all this moves are positive for growth guys
70107480
OP
:
This stock will fly soon, and there is so much room for growth ahead of us. Position yourself ahead, buy more if you can, because i see 10+ in a few months
LeoChaCha
:
This makes sense. Thanks for sharing. You are passionate about Humbl.. I am invested in it too. What gives you so much faith in the company?
70107480
OP
:
Its the vision and the goal, and what’s already in the market. If you try to ask yourself, where are we going actually in terms of payments or sending money or shopping. If you look around, we already started with this approach, but will continue to change through the years to come. But this time it would be world wide
70107480 OP : For those who are still confused, first, the reverse split will divide your number of stock by 4. And multiply the price of the stock by 4. So in the end, it's just the same.
70107480 OP : For example, if you have, originally have 100 shares of stocks, price at 1 dollar each.
What will happen is, your 100 stocks will be divided by 4, so it will become 25... (100/4=25). But.... your original price of 1 dollar, will be multiply by 4... (1 dollar x 4 = 400). So now you have 400 dollars worth of stock. So in the end, its just the same
70107480 OP : Nothing is change.
70107480 OP : But the nice thing about this is, since we are looking forward for NASDAQ inclusion, or to be included at NASDAQ, this is a goos thing
70107480 OP : Because one of the requirement to be included at NASDAQ is the price to be around 3+ or other people say its 4, and this is one the the big reason that we have the reverse split
70107480 OP : Guys, to be included or traded at NASDAQ is a big thing, it simply means that all or most Broker can trade it, or let me say it this way, you can buy it almost everywhere if not all brokers
70107480 OP : And this is big for 2 things, first, most people can buy it without transfering/opening another account for OTC stocks. Second, a lot of peop[le dont like to invest on penny stocks that are under a dollar. Now, they will be interested to invest into it. And all this moves are positive for growth guys
70107480 OP : Guys, i hope you see a brighter future for HUMBL because of these moves, honestly it makes me excited
70107480 OP : This stock will fly soon, and there is so much room for growth ahead of us. Position yourself ahead, buy more if you can, because i see 10+ in a few months
70107480 OP : Good luck guys, let's walk this journey together.... aim high
70107480 OP : 1 dollar x 4 = 4.00 i mean
70107480 OP : So in the end you have 25 x 4 = 100 dollars, just the same i mean
70107480 OP : I mean 100 dollars all in all, not 400 i mean
Yetisimo : 4 quarters becomes 1 dollar
4 pieces of currency becomes 1 with the same value.
4 shares becomes 1 share with the same value
OldNormanBates : ALL the way...
LeoChaCha : This makes sense. Thanks for sharing. You are passionate about Humbl.. I am invested in it too. What gives you so much faith in the company?
70107480 OP : Its the vision and the goal, and what’s already in the market. If you try to ask yourself, where are we going actually in terms of payments or sending money or shopping. If you look around, we already started with this approach, but will continue to change through the years to come. But this time it would be world wide
J N K : This is a company making all the right moves. I am so excited to be a part of this stage on the journey to the moon!