Ultimately a RS won't save UNGS. The only guarantee for that is to find a successful business plan instead of always dumping $ into failed adventures Ie: Marinas, Budbanks, Websites that cost more to operate than they make, Sitting oil and natural gas reserves with 0 production, etc etc. I could be wrong, But pretty sure the RS does not affect the AS only the OS. So you do a 4000-1 RS which frees up about 10 billion of the OS which once the RS is complete, the company can sell those 10 billion shares. Even at .0001, that is a million dollars. That's a lot of salary to pay Wayne or to throw at the next pipe dream. Without it, the only option for funding to pay Wayne or to throw at the next pipe dream is by means of toxic lending. Which if you look at the 8k's and other filings there is no shortage of that already. When you can't get a RS to sell shares cause that's all the company has ever successfully done, and no more toxic lending as eventually even the toxic lenders will give up on companies that habitually fail. What other option is there but BK? I don't think Wayne is going to invest his time for free or throw his own personal cash at the next pipe dream.
