6,000 Shares Become 1 Share

I have blogged many times that GEVO is a bust.  On Monday they will have their third reverse stock split.  A 1 for 20 split.  This follows previous 1 for 15 and 1 for 20 splits.  This means if a small investor bought 6,000 shares in the IPO, they now have 1 single share.

$10,000 invested in the IPO is now 47 cents