InvestorsHub Logo
Followers 16
Posts 1267
Boards Moderated 0
Alias Born 01/24/2015

Re: Krevis post# 15009

Friday, 06/02/2017 4:31:42 PM

Friday, June 02, 2017 4:31:42 PM

Post# of 27120
Exactly right and what I have remarked on before. They could go into work next week and retire all unissued shares between A/S and O/S (6Billion minus 5,163,134,794 which is 835,865,206 worth of shares), drop the A/S to match, and NOT SPEND A SINGLE DOLLAR dropping the share structure while at the same time making the company more appealing to investors, creating goodwill, showing responsiveness, etc.

From there they could start exploring buybacks of the restricted internal shares (read cost), or reverse split (no cost, but intangible loss of goodwill so timing will have to be perfect to offset any negative impression), and so on...

But the easiest, quickest, least costly, good intentioned solution in the short/near term is dumping what's not in use already which happens to be the spread between O/S and A/S.