Woodbrook Group Holdings Inc (WDBG)

[PADRINO]

It hasn’t yet, but may still be approved. Either way, it shows MD’s intent imo... Do the split, then increase the AS (not a FS as some are speculating) and then selll shares through the RPO that way or dilute... It makes no sense to do a FS as wdbg did not make any money when the IPO happened for the old ticker. The purpose of companies going public is to make money to fund expansions, etc... This will likely RS then raise the AS which will not give current shareholders anything other than what we have when the RS occurs divided by 9000.... when the AS is raised and they start selling shares the PPS will drop and legacy shareholders value will be squat...

All IMO though...