1 for 10 rs is still too weak, and it won't do it well. it should be 1 for 100. there are so many examples for you ( the company) to look at and analyse the others and why they have been doing well ! answer is they did 1 for 100 rs.
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Mcsnacks H Tupack
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It's a 1 for 10 because they have to pay out a dividend and need it to stay cheap enough to trick investors into buying shares because they are also converting preferred shares into class A shares. So the stock is going to fall back down to .20c then they will do another RS of 1-20 so they will have around a million shares then at a price of 2.00.
InvTrdBTC : I agree. very strange decision.
Mcsnacks H Tupack : It's a 1 for 10 because they have to pay out a dividend and need it to stay cheap enough to trick investors into buying shares because they are also converting preferred shares into class A shares. So the stock is going to fall back down to .20c then they will do another RS of 1-20 so they will have around a million shares then at a price of 2.00.
Mcsnacks H Tupack InvTrdBTC : Please don't encourage her. The next time she has a thought it would be best for it to stay that way.