Deep Green Waste and Recycling Inc (DGWR)

[Ignatius J. Reilly]

If they indeed retire all the shares and it was just to be able to complete acquisition, it won't affect legacy shareholders much, may even be good. However, I don't think that's the plan. From reading the loi, it looks like they are attempting to totally restructure the shares here. By issuing as tons of shares only to immediately do a 1000:1 rs, what does that accomplish? It virtually eliminates legacy shareholder power down to less than 2%, it allows for a new, very manageable 100m ss for new company and when they sell the other 15m shares, eliminates debt. If that happens the pps will be .30 and will immediately drop to likely under a penny, which will be a good investment opportunity for new investors. Current shareholders? Likely totally shit on...