Monday mathSo at $0.18 cents and a 65-1 RS would value each share at $11.70. Sounds great. But for most to recover their original share price this will have to climb to between $600 & $900 depending when the "Longs" got stuck with the dumpster fire. Now keep in mind they are picking a high value like $11.70 so they can dilute it back up to 50+ million shares and $1.00 valuation. This is what this company does.
1.2 billion shares to 7 million, back up to 50-70 million shares and now 65-1 RS back to to a few million shares and repeat.
Please don't be fooled by a name change and a false value of 11.70. Run as fast as you can.