Monday, April 23, 2018 9:00:57 PM
You were correct about FL but I think your assumption of a r/s down to a/s of 1M is highly improbable but yu are correct it is possible. It just doesnt make sens to me because then what is your float going to be? A pps of $100 that never trades is worthless. I dont see that helping the company and in fact it would hurt the companys ability to get financing.
I also dnt see this CEO doing a r/s. He has been asked and recommended to do a r/s for the past year and a half and has refused. When asked recently by many of us if he would do a r/s he has been very consistent and not only said no but expressed how much he dislikes them. Also, why do a r/s after a merger? it really doesnt add up. JMO but you could be correct
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