$Farmmi (FAMI.US)$ Shareholder meeting coming up December, v...
$Farmmi(FAMI.US$ Shareholder meeting coming up December, voting on 2 major propositions, unexpectedly a big split vs the reverse we all were watching for, and options on corporate restructuring. Interesting to say the least..🙈🙉🙊
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starr67 : splits as in 1 = 2 shares?
Curtis Bristow OP : Unless I misunderstood it will be 10000 to 1
starr67 : wth 10,000 shares = 1 share?
Curtis Bristow OP : they gave an example that if you had 60,000 shares you'd now hold 600,000,000 with a new lower average value per share with the new proposal, which is 10,000 to 1 but that's as much as I could make sense from the announcement I read
ChillXsg Curtis Bristow OP : then the share price would be waaaaay below $1... and be in greater danger of delisting...