InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,022.21
(
-0.58%
)
US TECH 100
17,088.40
(
0.32%
)
Dow Jones
37,753.31
(
-0.12%
)
Brent Oil
86.32
(
-0.77%
)
Bitcoin
62,826.76
(
2.52%
)
Post# of 37328
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Rascal1

Send PM Follow Ignore
Followers 15
Posts 2510
Boards Moderated 0
Alias Born 11/05/2016

Rascal1

Re: None

Friday, 12/02/2016 5:14:20 PM

Friday, December 02, 2016 5:14:20 PM

Post# of 37328
Why would anyone vote yes for stocksplit/increase shares
IF they need a majority of 167 million shares to approve, that means they need at least 83-84 million for approval. The top 7 holder per the proxy soliciting material shows the top 7 holders have appx 74 million shares owned. From what I have seen these shares prior to Nov 7th,2016 date that are eligible to vote were all filled at least at 0.03 and above. I have 5.7 million shares and if the other top 7 holder vote NO then the request could fail. The previous stock splits were a disaster and the last request to increase the authorized stock share amount failed(by vote). Any feedback is appreciated.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

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.

Sign Up