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Re: RiskReward1 post# 53685

Thursday, 09/14/2017 10:22:36 AM

Thursday, September 14, 2017 10:22:36 AM

Post# of 81999
Clarification to my earlier post -- I didn't mean to suggest that all of the additional shares likely to be authorized will be offered for sale. The number of any add'l authorized shares to be publicly offered could certainly be less than the number of additional authorized shares.






However many shares -- after additional shares are authorized, will be publicly offered for sale, thus bringing in millions of dollars. (Assuming that more shares are indeed issued). In other words, they don't magically appear, causing dilution without compensation, (cash coming in, for sale of those shares). That's my understanding. Does anyone have a different understanding?

Of course management will receive share compensation in connection with any offering of additional shares, which is customary, and in my opinion is important to vesting and insuring the ongoing interest of management. And in the case of Sigma we know that we have a substantially new group of leadership at management, (ie CEO change), and BOD levels.
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