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Re: sicric post# 23340

Monday, 10/02/2017 12:25:05 PM

Monday, October 02, 2017 12:25:05 PM

Post# of 50157
A reverse split will allow them to offer common shares. They are at the 500k max threshold right now for common shares if they do a heavy 100:1 reverse split then that will bring the total common shares outstanding to approx 5000 allowing them to sell another 495k until they reach the 500k max. Wash/rinse/repeat. The company uses shareholders for financing they could care less about them. There is always a new group thinking it will be different this time until they get screwed. You need to get in and out with precision here
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