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Posted On: 02/01/2021 2:51:39 PM
Post# of 36541
The .000001 figure equates to GNBT's and most other stocks Par Value IMO.
Par Value of Stocks
Some states require that companies set a par value below which shares cannot be sold.4 To comply with state regulations, most companies set a par value for their stocks to a minimal amount.
https://www.investopedia.com/terms/p/parvalue...ce%20value.
Edit: As Buildit stated worthless info.
Par Value of Stocks
Some states require that companies set a par value below which shares cannot be sold.4 To comply with state regulations, most companies set a par value for their stocks to a minimal amount.
https://www.investopedia.com/terms/p/parvalue...ce%20value.
Edit: As Buildit stated worthless info.
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