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Re: boston745 post# 9630

Sunday, 07/30/2017 9:53:28 PM

Sunday, July 30, 2017 9:53:28 PM

Post# of 41781
Boston,
yes. We're on the same page with the math. Shareholders drop, in this example, from 48m to 3.2 million shares post-r-split and management now has available to them 246.8m for future possible issue, fundraising etc. This is a 15x proportional increase in dilutive potential to the 3.2 mil that currently own 100% of the corp. (in this example)

If the rs is also applied to the authorized shares, the proportion between issued and non issued, authorized shares remains the same.

What nags me here is the question "why increase the dilutive potential at this point in time?

glta
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