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Northstar Signs MOU to Mine High Grade Zone 2 at Cam Copper Mine (click to learn more)
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Mega Brands Inc MBLKF

Consumer Cyclical Leisure


GREY:MBLKF - Post by User

Mega Brands Inc > What reverse stock split means to warr
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Comment by wrightonon Nov 10, 2010 12:45pm
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Post# 17687159

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

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

"I was hoping maybe they would'nt do it but after looking into it furtherinsiders own 80% of this stock so it will happen..they will make a chitload off options when they do it and turn around and dump it"

Sorry I don't understand your reasoning.  Reverse split or not, total value of warrants should not change, other than that, as mentioned previously, often share price declines after a reverse split.  So warrant holders have nothing to gain from a reverse split.
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