Prior to split Approx. 60,000,000 shares x .0065 = 390,000 value 1 for 300 rev. split = 200,000 shares x .25 (current price) = 50,000 value
They announced a buyback of 1/6 of the shares which at the time would have cost them $65,000 which is in excess of the entire value of the stock right now? Post split price should be Approx. $1.95. What up!