InvestorsHub Logo
Followers 27
Posts 783
Boards Moderated 0
Alias Born 05/25/2014

Re: The Rainmaker post# 2757

Thursday, 09/17/2015 3:25:19 PM

Thursday, September 17, 2015 3:25:19 PM

Post# of 5784
Float is 200 million not 67. When those shares get canceled all shareholders will lose a equal amount out of there account. People claiming that divesture is good are sadly mistaken. Market cap will be reduced when that happens. You can't delete shares with out deleting the underlying asset. In this case it's -1 million in liabilitys. Sorry you guys own that debt, the only way to clear it is to get rid of shareholder equity. Captial share reduction. That's not good in this case because no one is buying the divested shares.