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Alias Born | 11/29/2010 |
Saturday, October 13, 2018 12:45:15 AM
The A/S will supposedly drop from 12 billion to 1 billion with 10 million preferred.
The last reported O/S in 2016 cited 7.26 billion. The R/S will pile drive that down to 145,200 shares outstanding at 5.00 per. So by the time those shares are carpet bombed back down to .0001 equals a further loss of 99.998%. Put another way, your pre R/S .0001 shares will be worth 2e-9 http://www.endmemo.com/sconvert/onebillion.php
And people thought hurricane Michael was a disaster.
My "opinion" is as valid as your "hearsay"
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