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Re: daveymoore post# 25003

Thursday, 03/08/2018 8:07:35 PM

Thursday, March 08, 2018 8:07:35 PM

Post# of 66043
The obvious problem is that it represents insane dilution. Generally speaking, shareholders are not crazy about insane dilution.

If you read the paper I linked, you'll find there are some who don't believe Section 3(a)(10) should be interpreted as allowing for the issuance of immediately free trading stock. But that's a discussion for another time.