Tuesday, July 22, 2014 4:28:42 PM
Creating shares are equivalent to printing cash. Those additional shares should never have been added to HESG's share structure. By Tom, Greg, or anyone else unless there was/is a material reason to do such a drastic change to the Authorized Shares, Outstanding Shares, and Float. It seems that the increase was to let NITE and other short sellers off the hook given that there were 37.5 billion shares traded in 2009 when the Outstanding Shares were in the millions not billions.
At this point the SEC has zero reason to revoke HESG.
The cannabis/hemp industry is here to stay and so am I.
Original HESG shareholders from 2009 aren't going anywhere.
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