Let' s check history and end this possible RS, "ba
Post# of 12474
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Posted On: 05/16/2022 8:55:11 AM
Let' s check history and end this possible RS, "bad for current shareholders" myth once and for all.
August 26th 2019 company files a DEF-14c to approve the option for a possible RS from 100 to 1 to 1000 to 1 The stock closed on the trading day before at 0.001 cents.
The possibly of that RS remained active from August 26th 2019 to February 17, 2021, the day before the RS was canceled , February 16th 2021 the stock closed at 13.8 cents.
So from August 26 2019 to February 16, 2021 while the possibility of a 1000 to 1 RS hung over the company head the stock appreciated from a low of 0.001 to a high of 34.9 cents and a close of 13.8 the day before cancelling.
From February 17, 2021 to April 11, 2022 the stock was trading WITH NO RS OPTION in place.
On February 17, 2021 the stock opened at 13.8 cents on April 11, 2022 the stock closed at 0.008.
So with NO RS OPTION in place the stock depreciated from 13.8 cents to 0.008 cents.
April 12. 2022 the Option for a RS split was put back on the books..
Between April 12,2022 to May 12, 2022 with the RS OPTION back in place, the stock price has remained the same..
Conclusion the stock has appreciated under a possible RS (0.001 to 13.8 cents with a high of 34.9 cents) while it has greatly depreciated when no RS option was in place (13.8 cents to 0.008 cents).
Maybe the shareholders should be worried if the company cancels it again.
August 26th 2019 company files a DEF-14c to approve the option for a possible RS from 100 to 1 to 1000 to 1 The stock closed on the trading day before at 0.001 cents.
The possibly of that RS remained active from August 26th 2019 to February 17, 2021, the day before the RS was canceled , February 16th 2021 the stock closed at 13.8 cents.
So from August 26 2019 to February 16, 2021 while the possibility of a 1000 to 1 RS hung over the company head the stock appreciated from a low of 0.001 to a high of 34.9 cents and a close of 13.8 the day before cancelling.
From February 17, 2021 to April 11, 2022 the stock was trading WITH NO RS OPTION in place.
On February 17, 2021 the stock opened at 13.8 cents on April 11, 2022 the stock closed at 0.008.
So with NO RS OPTION in place the stock depreciated from 13.8 cents to 0.008 cents.
April 12. 2022 the Option for a RS split was put back on the books..
Between April 12,2022 to May 12, 2022 with the RS OPTION back in place, the stock price has remained the same..
Conclusion the stock has appreciated under a possible RS (0.001 to 13.8 cents with a high of 34.9 cents) while it has greatly depreciated when no RS option was in place (13.8 cents to 0.008 cents).
Maybe the shareholders should be worried if the company cancels it again.
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