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Re: BusProfHarvardU post# 248418

Thursday, 01/18/2018 2:34:09 PM

Thursday, January 18, 2018 2:34:09 PM

Post# of 290030
But they don't.........Lets say the reverse split is 5 for one at .20

Each shareholder gets one share valued at a dollar but the other four get valued at a dollar and are returned to the A/S to be reissued . A new set of "B" shares are established at 50 million to be reissued to insiders again. "B" shares now have a value over five dollars a share as they convert to 5.3 shares. If TRTC does another financial deal worth 15 million or more , insiders will again be forced o convert their new "b" shares unless they meet and change the rules, which they can without shareholders approval......IMHO