InvestorsHub Logo
Followers 1
Posts 30
Boards Moderated 0
Alias Born 01/06/2015

Re: chiefs1 post# 7902

Saturday, 03/21/2015 10:29:26 PM

Saturday, March 21, 2015 10:29:26 PM

Post# of 15432
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.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.