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Sunday, August 20, 2017 12:25:17 PM
The number of shares outstanding MAY be reduced, if the company follows through, or it may not, if they don't. Until then, it is absolutely incorrect to say that there are 4mm shares outstanding. Further, this is a big game - the economic value isn't being given away. When the clowns running this company turn their stock into preferred shares, it will still be convertible back to common. Since the shares are not in the float anyway, there is absolutely nothing about this that changes anything really.
If you don't like my posts, don't read them. If you think only those who agree with you should post, then start your own message board. My conclusions are my opinion only, based on what I believe to be true. I have no crystal ball.
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