1 stop strips would be for instance:
1.15 seconds
2.30
4.60
9.20
etc.
Half stop is a multiplication of the square root of 2, so approx. 1.41, so it would go like this:
1.15
1.63
2.30
3.25
4.60
6.51
9.20
etc.
Quarter stops would be a multiplication factor of the square root of the square root of 2...so:
1.15
1.37
1.63
1.93
2.3
etc...
I assume you'd have to cut out a hole in a card and give each strip a completely seperate exposure?
No, but the math gets boring & confusing unless you stick to full stops. For instance for a one stop range from 1.15 up to 2.30 seconds, you would do this:
Initial exposure (2.3-1.93) = 0.37 seconds. Move strip.
Expose for (1.93 - 1.63) = 0.3 seconds. Move strip.
Expose for (1.63 - 1.37) = 0.26 seconds (etc)
...................(1.37 - 1.15) = 0.22 seconds
Final exposure would be 1.15 seconds.
There are of course other ways to do the math. Doesn't have to be extremely complicated but as you can tell the risk of a small error gets pretty big pretty fast, and if you mess up halfway in your process, the error carries over to subsequent strips. Not to mention the minimum time of your clock apparently is an issue.
So for fractional stops it would indeed be a little easier to do separate strips for each time.