Post by
oilinvestor2022 on Jan 29, 2024 11:01pm
Original Investors lost 18x their investment
So let's do the math $1000 original investment equals $55 bucks! Then if there is a new 10 for 1 that original investor is looking at $5.50 for the total proceeds of the initial investment.
now this is getting silly $1000 bucks worth of beer in 1980 would yield 1000 cans at.20 refund (todays refund) is $200.00. $145.00 ahead of the original shareholders!!!
if the new 10 for 1 is implemented it's $200 versus $5.50. Just a small difference. The sting still hurts from the past!!! Good luck to all and do your own due diligence!!!