Does anyone on this board realize that a reverse split is the only remedy for all the shares outstanding? Even at today's level of outstanding shares it would probably be a 10 for 1, yielding about 50 million shares outstanding. At 1 billion shares outstanding it would have to be 20 for 1 to yield the 50 million outstanding. Even with significant revenues issuing more shares will cut our shareholder value in half, if they take it to 1 billion.
As of today's shares outstanding, DDCC would have to have about $500 million in revenue to have $1 per share revenue. Just wishful thinking. I just cannot see how issuing more shares will benefit the company or shareholders at all. Not in any way, shape, fashion or form.
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