Yeah, it was so troubling that he waited an entire year and until after he built up his short position to write his article. The stock price regardless if it is reversed split DOESN'T matter. SO his overly excited attempt to explain the share price what it should be if it wasn't reverse split was pathetic and indicative of a total fool.
If BErkshire hathaway was trading at $5 per share, there would simply be more shares outstanding. It doesn't take away the actual value of Berkshire. This guy must have skipped accounting class 101. It all equates to the same market value. so it doesn't matter what CLNT was pre-split. What a #$%$ The worst thing he could say about thee company is that he only saw 10 employees. Well, considering the positive revenue on the books, if the company can generate that type of cash with only 10 employees, that's a really good thing.
umm no. You missed the point, the company says there ares 100's of employees but only 10. The company is lying and yes the splits do matter. You take a look at the long term chart and tell me what you see (a company headed to 0 or delisting)
people like you never learn no matter how many of these scams are discovered.
The company says it has 100+ employees today. Article author says he visited last year. Do you understand the difference between today and last year? Did you know different things can transpire over a year's time. bye shortie