Be not self effacing Mae, Confusion is the new "NORM" for most of us these days.
Share Consolidation is a normal event carried out by Companies, often in order to put
"VALUE" back into a Share that is great in quantity, but low in price value.
In our case the "SHARE CONSOLIDATION RATE," has been deemed at 200 to 1.
As a result, the number of shares that you held prior, will be reduced by a factor of 200.
eg: Share holding pre Consolidation = 200,000 : Post Consolidation = 1, ooo Shares.
Theoretically, the original share value will increase by the same ratio, that is 200 times.
eg: Original value = .o1 Cents : Post consolidation = $2.00. However this is rarely the case
due to various reasons, but mainly because it will be re-valued by the Market in which it stands.
So Mae, your shares now, hopefully, may possibly be considered a more desirable item in terms
of Trade, than at their Original low value.
It is well to understand though, Consolidation in itself, promises NOTHING!
Kind Regards.
OCV
octaviar limited
Be not self effacing Mae, Confusion is the new "NORM" for most...
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