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Microcap & Penny Stocks : PanAmerican BanCorp (PABN) Info and Positive Thoughts Only
PABN 0.000010000.0%Mar 7 3:00 PM EST

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To: Tom Murphy who wrote (292)8/1/1998 9:49:00 PM
From: LegalBeast  Read Replies (1) of 1129
 
Trial Members ... Harrrrumph .... So what if they did have a reverse split? The market cap would not change except maybe to go down based on other reverses. That would not make the stock price go up and is a totally wrong argument. Lets say that there was w 1:10, that would mean that based on the present price, the stock price would be .42, but the market cap would be the same ... To increase the price would also mean to increase the market cap beyond what it is today.
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