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Bullboard - Stock Discussion Forum Mega Brands Inc MBLKF

Bullboard (GREY:MBLKF)

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Comment by doctor333on Nov 06, 2010 1:06pm

RE: Ok why are we talking reverse splits here?

That's right...no mention of it this quarter..it's older news.Splts are purely an accounting issue....with the upside of Institutional investors being able to buy. For example, with a 1:20 ...more  
Comment by tonygtxon Nov 06, 2010 12:48pm

RE: last comment for tonygtx

All i'm doing is just informing the people who did not know about the RS and i know 90% of the people on here didnt have a clue they approved it.....do what you want i know what im doing
Comment by tonygtxon Nov 06, 2010 12:29pm

RE: Ok why are we talking reverse splits here?

The board approved either a 10:1 or 20:1 RS  back in june which could happen anytime....the deadline is june 2011
Post by robvcon Nov 06, 2010 11:23am

Ok why are we talking reverse splits here?

Did i miss something in the report? There is no talk of this anywhere so im assuming its just a curiousity issue correct?
Post by woundedkneeon Nov 06, 2010 7:36am

last comment for tonygtx

Let's stick with 60 cents for easy figuring. Mb reverse splits..one for ten... and is now 6.00. If you had ten thousand shares pre split you now have 1000, but your dollar amount is the same. It ...more  
Comment by Nununzacon Nov 05, 2010 3:19pm

RE: What reverse stock split means to warrants?

What happens to warrant is simple: " An adjustment will be made to the Company’s stock options and warrants based onthe split ratio. Warrant holders do not need to submit ...more  
Comment by tonygtxon Nov 05, 2010 2:47pm

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: MB is back

Your lucky if you see 5000 shares a day trading on a 10 dollar stock with 37M shares
Comment by tonygtxon Nov 05, 2010 2:37pm

RE: RE: RE: RE: RE: RE: RE: RE: RE: MB is back on

Sure and 10 dollar stocks with 37M shares double everyday...LOL
Comment by nerzaaon Nov 05, 2010 2:22pm

RE: RE: RE: RE: RE: RE: RE: RE: MB is back on trac

to tongtxi disagree. for a good company, a 10 dollar stock with 37M shares is just likely to go up compare to a 1 dollar stock with 370M shares outstanding. in the end, the only thing that ...more  
Comment by newguy31on Nov 05, 2010 2:22pm

RE: RE: RE: RE: What reverse stock split means to

No.  As the value of MB rises, and the warrant goes in the money, it will eventually trade at about a 50 cent lower value than the stock.Some examples of this are:ML trades at 3.23, ML.WT.A has ...more  
Comment by tonygtxon Nov 05, 2010 2:09pm

RE: RE: RE: RE: RE: RE: RE: MB is back on track bi

Actually a 10 dollar stock with about 37M shares has about a 20c spread between B and A and wont go up without some real good news but will go down real easy by tracking the index and short positions. ...more  
Comment by nerzaaon Nov 05, 2010 2:04pm

RE: RE: RE: What reverse stock split means to warr

to newguy31.the current share is trading at 57 cents, but warrant is not trading at 7 cents, isn't it? this is ur missing link.
Comment by newguy31on Nov 05, 2010 2:00pm

RE: RE: What reverse stock split means to warrants

Ok so what would the excise price or strike price be of the warrant afterwards?  If definately wouldn't stay at 50 cents.  Would it be $5.00?If the 10:1 RS happened right now, MB is ...more  
Comment by nerzaaon Nov 05, 2010 1:50pm

RE: What reverse stock split means to warrants?

the value of ur investment remains the same for both shares and warrants.after r/s, ur 10 shares become 1, and share price goes from 0.5 to 5.0.same idea with warrant, 10 warrants becomes 1, and ...more  
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