Ok so, I've never owned stocks in a company as sh*tty as this.
So if a reverse stock split happens, is the $5,000 I have invested going to now be worth 1k or less? Will they award me (to replace my $5000 worth of shares) with 500 dollars in shares? Sure seems like it, this company is financially in the #$%$ and they are paying themselves outrageous wages (400k salaries!!!!!) with a bunch of other abhorrent details in their contract.
I guess thats the goal in this country, work your way to the top ranks so you can suck a company dry and move on to the next one.
Luke, say there was a 10:1 reverse stock split, and you had 10,000 shares. You would now have 1000 shares. Theoretically, the share price should be 10 times greater, since they took 90% of the stock off the market.
delisting will bring in down ...... wait don't buy lets see If R/S happens ,market cap may be to low let it work its self out.. wait and see ,.... grate buy if no R/S... or no BK... don't get stuck..
sh/t happens ....forrest gump.... no R/S or BK i am in at 33 cents.. not to low not to hi...