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Posted On: 08/02/2018 6:20:45 PM
Post# of 6614
GO WRFX GO DEBT CONSOLIDATION GO OTC WORKOUT
So in conversations some people say a reverse split has no material effect if the amount of authorized shares remain the same. I looked it up in Investopedia. It is a net lose/gain of zero. If you reverse split a stock then increase the authorized shares, then you the previous shares lose relative value.
So if WRFX consolidates toxic debt, does a Reverse Stock Split and lower the authorized shares and have a clear path to revenues -- that would be lobster-rific.
Investopedia Reverse Stock Split
Crossing my fingers -- this is OTC Land so my hopes are high, my expectations and risk are low.
So in conversations some people say a reverse split has no material effect if the amount of authorized shares remain the same. I looked it up in Investopedia. It is a net lose/gain of zero. If you reverse split a stock then increase the authorized shares, then you the previous shares lose relative value.
So if WRFX consolidates toxic debt, does a Reverse Stock Split and lower the authorized shares and have a clear path to revenues -- that would be lobster-rific.
Investopedia Reverse Stock Split
Crossing my fingers -- this is OTC Land so my hopes are high, my expectations and risk are low.
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