Opiant Pharmaceuticals Inc. (OPNT)

[d_wade]

8-K Filing

I read this, and the the Proposal No. 3 was to REDUCE the number of common shares from 1 Billion to 200 Million. Isn't this a good reduction?

And they did also approve Proposal No. 4, allowing the release of 10 Million shares of Preferred stock.

I guess overall this means they can dilute the existing shares by 100x, if they were to release the 200M, since currently only 2M are released.

How does the redomestication to a Delaware Corporation affect things?
Would releasing 10M preferred stock dilute the common stock float?