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Bullboard - Stock Discussion Forum Metanor Resources MEAOD

Metanor Resources Inc is engaged in the production and sale of gold as well as acquisition, exploration, and development of mining properties. It projects include the Moroy Project and Barry project among others.

OTCPK:MEAOD - Post Discussion

Metanor Resources > reverse split
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Post by dutchgoldd on Oct 31, 2015 12:59pm

reverse split

metanor will eventually do a reverse split.....ex. 5 for 1 ending with maybe 90,000,000 shares and then do more private placements. we have seen this happen all the time. I sold all my shares ...took a hit...and bought bitgold as I believe bitgold will hit 1,000,000 users by march 2016 and then just keep on accelerating as it becomes more and more popular around the world as it incorporates paypal,etc. as currencies around the world are constantly devaluating.....only gold will survive and when a billion people realize this and other bitgold benefits become more and more obvious....it could become a hundred billion dollar stock.
Comment by pdcon1 on Oct 31, 2015 2:57pm
they might have to put a reverse split to a vote .   To A producing co a reverse split isnt as bad as a reverse split for non producer as they are simply trying to stay solvent , to a producer a consolidation  increases their share value at the expense of shares , and every share holder is equally hit. The good thing about that is  it eliminates  walls in the future like ...more  
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