Tuesday, December 20, 2016 10:02:03 AM
Back in 2012 that was the expectation and plan. Once WDDD got to a certain point in the process, they would do a reverse split to get the stock up to or over $3/share. That would allow the shares to be traded on margin, and allow other classes of investors to buy the shares. It was not expected, back then, that there would be any dilution. If anything, since things were expected to be going their way, it was expected the stock would have been trading up.
What is happening now is almost the reverse of that.
One good item, is that the press release does mention that they will have enough to go two years, so that should take them to the end of any district court trial and maybe even though an appeal.
I will look to see if we can tell how much dilution there will be.
Louis J. Desy Jr.
Recent WDDD News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 08:47:52 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/15/2024 12:00:25 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/19/2023 09:30:21 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/11/2023 06:34:14 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM
ECGI Holdings Announces LOI to Acquire Pacific Saddlery to Capitalize on $12.72 Billion Market Potential • ECGI • Jun 13, 2024 9:50 AM