Thursday, January 10, 2019 10:45:44 PM
As I look further into this Rockwell had to force a 15-1. Prior to RS Rockwell was owed 2.38 billion shares = $238,000. After RS was initiated Rockwell lost $168,000. They still own $70,000 worth of stock.
They are still owed $373,000 + 25% which equals $466,000. Now $466,000 at $0.31 equals 144,500. They are owed 144,500 shares!!!
OMG!!!
There is so much room for dilution here and that doesn't even account for how they will pay the note payable for $500,000.
SELL YOUR SHARES! NO PLACE FOR THIS TO GO!
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