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There was a 1 for 10 split last

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rmuncast   Tuesday, 08/22/17 01:35:47 PM
Re: FUBAR post# 72871
Post # of 89819 
There was a 1 for 10 split last January (as part of a financing deal that later fell through). So the AS was reduced quite a lot. If I remember correctly, the OS was no where near the AS before the split.

It is odd that the AS is getting increased at the same time the company is buying back shares. Also, seems like they could have done 500 M AS again.

Always yield to logic
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