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Re: 05181992J03huA post# 26529

Monday, 06/16/2014 5:05:48 PM

Monday, June 16, 2014 5:05:48 PM

Post# of 33707
I think you are wrong 1 for 10,000 is very bad for current shareholders. 75,000,000 times 10,000 = 750,000,000,000 shares. In the proposed Reverse split event Current shareholders would basically get stripped of all their power and left with a small fraction while getting diluted heavily. Right now The Share count is like 50,000,000,000. After a RS current shareholders would have to deal with an extra 700,000,000,000 more shares equivalent instead of our now 50 billion shares outstanding.