Tuesday, September 18, 2018 7:48:11 PM
He own the company with his investment and which is a function of the total shares the company issued.
If the company double the total shares by printing 100$% more of the original shares and sold it with a bravura discount to one single investor, then the ownership of other investors is diluted by 100%, or the value of their holding is
Diluted by 100% which is not a legal stock split.
Besides, too many shares issued by the company will hurt the stock price which will hurt the right of other investors, I do not understand why the company sold the shares for only 0.5 cent to one single investor, instead of selling it to the market publically and fairly
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