did some quick math......
if you own one million shares now.....
and they do a 20 to 1 reverse split....
you are left with 50 000 shares
the new share offering based on the aquisition is at 20 cents
20 cents times 50 000 shares = 10 thousand bucks....
at .006 times one million = 6 thousand bucks
the share should be trading at 1.1 cents to be equivalent to the 20 cent figure after the 20 to 1 reverse split...
you all follow that?
It appears that this company wanted to go public and it was easier to just merge with us and do that way.......
Dre
did some quick math......if you own one million shares...
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