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Nanotech Entertainment Inc NTEK
Posted On: 02/12/2016 2:40:48 PM
Post# of 96892
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Posted By: big tod
Re: dw #52156
Here is how it works 10:1 you get one share for every 10 shares you own. Like myself I own 1.5 million shares. My average per share is .036 cents. So 10:1 I would be reduced to 150,000. shares. Now you take 10X the .036 cents I paid for those shares bringing my new average to .36 cents more than the stock has ever been worth or may every be worth. Lets say the pps is at .002 cents when it splits that would bring the pps up to .02cents after the split notice the difference between my new average and the new pps after the split. So some people here claim to have purchased shares as low as .005 cents pps. In that case NTEK would be smart to run the pps down to .005 cents a share before they do the split leaving the pps after the spilt at .005 cents a share. It's definitely a win win for someone who could it be? That's right the stock holder. Everybody HAPPY HAPPY HAPPY The split could be 20:1 30:1 no one knows not much inf in the letter on that topic. GOOD LUCK dw













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