Sunvault Energy Inc (SVLT)

[opt_123]

"The one good thing is that the total # of shares and the Float will be much smaller in Edison than it is with SVLT which is currently around 139 mill. Edison sounds like it will be around 60 mill."

wow how smart is it!!! the number of shares will decrease what a joke. It seems like you have zero clue of what is going on. First of all it's not like you will exchange your shares at .46 and the stock will automatically go up to $3, its a split of more than 6/1 (3/.46), so the value will be the same, if you had $10k in svlt you will have $10 worth in edison, not like your $10k will magically multiply by 6.

Second, the shares float will be much lower, are you kidding me? Based on what you saying if it will be around 60mil in edison, again its a huge rip off to investors. Just multiply the 60mil by the reverse split amount ~6.5, then you multiply the 60mil*6.5 and you have 391MILLION equivalent shares in SVLT at current price, before you write something, please use your brain! To make reasonable sense they should have about ~22mil shares in edison. If you take the current 140mil float and divide by 6.5 ($3/.46) you should get equivalent of 22mil shares plus you might add another 3-5mil for debenture holders, which in total edison float should be about 25mil max to 30mil, everything more than that, you are getting screwed again by them, which i guess is ok based on what kind of investors are commenting here...

Seems like BreakPointTrade has some idea of what is happening based on the comment, but again I heard they are the once who put most of you in this mess, so good luck!