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GreenShift Corporation Message Board

  • joltingjosephine joltingjosephine Sep 1, 2011 11:32 AM Flag

    You do realize this, don't you?

    Only a total fool would buy this stock now, it will almost certainly decline 55-70% within the first 60 days after the reverse split.

    As the company begins issuing millions of new shares, the "value" of the company remains the same. Therefore the PPS must reflect that. Its still the same company.

    Just a word to the wisae. Even if you believe in GERS, at least wait until the post-split price goes from perhaps .20 (.0002 x 1000) back to .13 or so. This is pretty much what happens 90 percent of the time when a microcap penny stock does a reverse split.

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GERS
0.0002-0.0001(-33.33%)May 26 2:42 PMEDT