InvestorsHub Logo
Followers 115
Posts 11464
Boards Moderated 1
Alias Born 07/28/2006

Re: MVIR post# 17718

Friday, 06/30/2017 8:05:08 AM

Friday, June 30, 2017 8:05:08 AM

Post# of 24250
Well the OS won't be reducing that much if this deal ever closes, as the deal was for peeps here to convert at a minimum 60% of the OS XTRN shares into XREE shares...

At the time there were about 1,700,000,000 OS xtrn shares so 60% of that would be about a billion shares that peeps need to "exchange" ..

So in theory 1,000,000,000 would be reduced from the OS count... but the company has diluted almost 500,000,000 back into this reduction and I doubt the dilution has stopped, so right now the OS is being reduced by 500,000,000...

Now as peeps keep telling me when I point out there has been 500,000,000 shares of dilution... they tell me that 500,000,000 is absolutely nothing, adding 500,000,000 shares mean not a single thing... who cares, 500,000,000 shares added here doesn't even need to be mentioned as it's so insignificant !!!!

So of course the reduction of 500,000,000 shares out of the OS will mean the exact same thing, it should be deemed insignificant, as you cannot have it both ways!!!