InvestorsHub Logo
Followers 474
Posts 40488
Boards Moderated 1
Alias Born 02/18/2007

Re: RollTide post# 10605

Wednesday, 03/22/2017 6:03:45 AM

Wednesday, March 22, 2017 6:03:45 AM

Post# of 10782
To do a 1-300 RS on a 135 million O/S stock is a 100% way to totally screw all existing shareholders. With a smaller RS one could believe some fairytale about bringing in value after the RS but in this case it doesn't matter what they do afterwards, even if they would really bring in something tangible, the stock will be diluted to death together with something new coming in.

They will end up with what 450k shares or so? Even if they just dilute 15 million shares afterwards, all current shareholders are basically wiped out unless you bring in Apple or Microsoft with 15 million new shares. There is absolutely no reason to do a bigger than 1-20 or 1-30 RS with this current O/S unless you intentionally want to screw current investors. And after all that's what crooks do.