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Microcap & Penny Stocks : RMIL - The Swaysayers
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To: lavalamp who wrote (69)10/31/1997 5:19:00 PM
From: Kurt N   of 95
 
I keep track of ALL of my investments weekly, sometimes more often. As a result of that you would think that anybody that has been in the stock that long, would know: a) a reverse split has happened, b) what the impact of that is (if they didn't know, they would learn), c) knowing the impact (ie. if they owned 30000 shares at $.10 and it was a 30-1 reverse split, they would own 1000 shares at $3.00), d) you would have had several months to digest the fact that you own 1000 shares.

In short, I think the pre-revese split shareholders would report 1000 in the example above.

Kurt
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