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Wednesday, February 27, 2019 2:01:37 PM
Do a 1:50 reverse split, then issue shares at $50. Both problems solved.
How does that dilute the 19.9% -- I must be thick
More shares at higher price is same % for the current aggregated owners?
And at $50 they do not need to issue a large number of shares?
(I thought the threat was tens of billions at a buck when we are at 2 bucks - if the IPO/SPO is at 50 and we are at 50 and its for 2B shares?
did the math dilute us?
I keep thinking 19.9% is still 19.9% and have not gone to the share level
How does that dilute the 19.9% -- I must be thick
More shares at higher price is same % for the current aggregated owners?
And at $50 they do not need to issue a large number of shares?
(I thought the threat was tens of billions at a buck when we are at 2 bucks - if the IPO/SPO is at 50 and we are at 50 and its for 2B shares?
did the math dilute us?
I keep thinking 19.9% is still 19.9% and have not gone to the share level
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