MST metal storm limited

share split....not consolidation

  1. 561 Posts.
    I must have expressed my ideas very poorly as many posters have responded and not understood my intentions. My English teacher would be rolling in her grave.

    OK, so I'll try and express my ideas better this time.

    I am suggesting that Metalstorm does a SPLIT of, for instance, 10 new shares for every 1 existing share we own. If you own 1m shares now, you would own 10m shares after the split. This would "devalue" an individual share to 10% of what it is now, BUT we would have 10X as many. Now this may seem like "smoke and mirrors", BUT our single shares (of which we would have 10X as many) would be trading at 10% of the current price. They cannot trade at a price lower than 0.001. This means, if you have 1 share, worth 0.003 or 0.004, you would, after the split, have 10 shares, worth 0.0003 or 0.0004. But they cannot trade there. They can only trade at 0.001. So all of the BS trades that have been occuring will get trapped and hope that the price goes up to 0.001 (equivalent of 0.01 in today's 1 share terms). Yep, they'll want MST to go up.

    So, if you have 1m shares at 0.003, worth $3,000 and then it is split and you have 10m shares at 0.001, the lowest possible price, this is "worth" $10,000. Now the reality is, they aren't really "worth" $10,000, but it will stop the rot created by the day traders or whoever is messing with the stock. BUT IT WILL PREVENT US FROM SELLING UNTIL A BUYER COMES IN AT (EQUIVALENT) OF 1c OR BETTER. If you believe in the "have, hold, wait", philosophy, which I do, then there's no issue with this.

    It seems that my suggestion is so "out there" that most people have missed what I was on about, probably due to my poor ability in expressing the idea.

    I think this is so crazy that it just might work!
 
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