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Re: Pisd post# 50053

Saturday, 04/22/2017 8:05:56 PM

Saturday, April 22, 2017 8:05:56 PM

Post# of 81999
Your comments don't make much sense.

A reverse split results in a decrease in the number of issued shares. An increase in the number of authorized shares might eventually be used for a forward split - but certainly not for a r/s.

And I would think Sigma would be thrilled to have the warrants exercised and converted. That would mean that the share price was greater than $4.00 and the company would receive $4.00 for each warrant converted.

If the warrants were not exercised and converted that would mean the share price was less than $4.00 and the company would receive no cash for converting.
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