Answer to poster on another Board: Of course it
Post# of 96879
Posted On: 06/14/2016 12:30:48 AM
Answer to poster on another Board:
Of course it says A/S before and after the Change.
Big difference in changing Cuspid number versus the actual split.
Before and after Cuspid change would still be 2,010,000,000.
http://www.investopedia.com/terms/c/cusipnumber.asp
The comes the 25.1 for 1 split.
That will be when there is an actual change in the number of common and preferred shares.
Look at Paragraph with the Number 5 designation.
It says the new number of O/S shares would be 79,522,692
2,010,000,000 divided by 25.1 = 79,522,692.
That would also be the new number of A/S NTEK shares available.
The new Price Per share would be roughly $.09 Cents per share
What will the "NAKED" shorts do?
Panic and File bankruptcy?
No way to cover!
Of course it says A/S before and after the Change.
Big difference in changing Cuspid number versus the actual split.
Before and after Cuspid change would still be 2,010,000,000.
http://www.investopedia.com/terms/c/cusipnumber.asp
The comes the 25.1 for 1 split.
That will be when there is an actual change in the number of common and preferred shares.
Look at Paragraph with the Number 5 designation.
It says the new number of O/S shares would be 79,522,692
2,010,000,000 divided by 25.1 = 79,522,692.
That would also be the new number of A/S NTEK shares available.
The new Price Per share would be roughly $.09 Cents per share
What will the "NAKED" shorts do?
Panic and File bankruptcy?
No way to cover!
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(0)Nanotech Entertainment Inc. (NTEK) Stock Research Links
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