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Canadian Imperial Venture V.CQV.H


Primary Symbol: CIMVF

Financial Services
Canadian Imperial Venture Corp is engaged in the business of identification and evaluation of assets in Canada.


GREY:CIMVF - Post by User

Canadian Imperial Venture
Bullboard Posts
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(9)
•••
Comment by turron Feb 15, 2011 2:37pm
209 Views
Post# 18137614

RE: RE: RE: RE: RE: Question?

RE: RE: RE: RE: RE: Question?I am talking about reverse split. perhaps say for example  1for20  ratio

You have 100,000 shares now at .06 = $6000
after  reverse split  1 to 20 ...you have
100000/20  =  5000 shares........

Share value would be
.06x 20= $1.20per share
Now you have 5000shares @ $1.20 =$6000   (same value, different structure)

Companies don't like to have to many shares when they're trying sell the company or do business with other companies unless they are talking mega corps with real value
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities