Math 101Hi again:
As far as anyone making a killing in blgv
the train has left the station: example:
Lets say you bought 100,000 shares at .10
cents. You would be making 1000 per penny.
With almost a half a billion shares outstanding
they will undoubtedly do a reverse split 10/1.
now the shares will be worth 1.00 per. However
your return will not be 1000 per penny, it will be
100 dollars per penny. Now if you were one of the
unlucky peeps who bought in from .20-36 I don’t
like your chances of getting even.
Now we shall see if they do a reverse split or
are looking after the investor and adding value
for us. I think not!
As always... g l t a