Sorry still super new to this trading business. A little lost, i have never seen a stock for $0.00001 before.
So basically they are really trying to get anyone to give them money to re-list the company. Then they are planning on consolidate the stock? I am really only starting to study stocks, but i dont understand why a 0.2 cent stock is issuing shares at $0.00001, wont that massively dilute our existing stocks? does the company look that undesirable?
Any trader knowledge for my education would be great,
Cheers,
UXA Price at posting:
0.2¢ Sentiment: None Disclosure: Held