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tc2000chartreader

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tc2000chartreader

Re: None

Saturday, 03/18/2017 8:33:42 PM

Saturday, March 18, 2017 8:33:42 PM

Post# of 14684
The 1-1000 reverse is smart. Without the reverse, the company would have to raise money and offer 100% warrant coverage with it. Basically costing twice as much. After the reverse, the company should be able to raise money without all the warrants, so not diluting as much. Definitely a smart move, whether some like it or not. Also the reverse does not change your holding as a % of market cap, so it was a non event.
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