RE:ABSURD !!!!!!!!!!!!!!!!!!!!I know it is disgusting. They have no shame and have already made sure you will never see your money again. Yes they are in a position to buy back shares but will they?
Just think they will do this all again in a few short weeks and keep perpetuating this system with a new bunch of investors . In a year or two when we are gone from the this board another group will come to the realization that Bohemian61 just did and post their disbelief and disgust.
Remember to vote against them , vote them out if you can, do not allow the reverse split. Send a letter to the FEDS . Keep in mind though the FEDS continue to allow this and have for thirty years.
Sadly, remember to investigate Stock-Loss-Selling if it is applicable to you.
In the future triple check management credentials before putting down a single $ Had I done that I would not be sitting here typing this in the wee hours of the mourning wondering how I can recover such a devestating loss!
JMHO