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Posted On: 07/06/2020 12:16:34 PM
Post# of 82687
Here is how it is:
For every 500 shares you had, you now have 1.
When SFORD goes back to SFOR it will remain that for every 500 shares you had, you will still have one.
Let’s say you owned 2,000,000 shares of SFOR.
Then SFOR did a 500:1 reverse split at $0.0003 which made the share price $0.15.
You’d have 4000 shares now.
When SFORD goes back to SFOR you’ll still have 4000 shares which are currently at $0.123.
That’s the equivalent of SFOR trading at $0.0002 now.
Reverse split or no reverse split you’ve still lost about 25%
For every 500 shares you had, you now have 1.
When SFORD goes back to SFOR it will remain that for every 500 shares you had, you will still have one.
Let’s say you owned 2,000,000 shares of SFOR.
Then SFOR did a 500:1 reverse split at $0.0003 which made the share price $0.15.
You’d have 4000 shares now.
When SFORD goes back to SFOR you’ll still have 4000 shares which are currently at $0.123.
That’s the equivalent of SFOR trading at $0.0002 now.
Reverse split or no reverse split you’ve still lost about 25%
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