Friday, May 03, 2019 12:01:09 PM
160 million shares @ 10¢/share
1.6 billion shares @ 1¢/share
16 billion shares @ 1/10th of a penny per share
Because this is a straight-line conversion rate, the same rate can be applied at the other end of the scale. If the stock price rises instead of falling, then fewer shares would be converted into new common shares, thus diluting the value of it by a much smaller amount.”
Please, just take some time to check out the past dilution. It seems like you got no idea what you are talking about.
The shares aren’t converted all at once. The lower the price goes, the more shares YAGI will convert.
Previous dilution, how do you think that happened? Why did that increase faster the lower the share price got?
“!!! November 11, 2016, there were 1,413,490,221 shares of common stock outstanding !!!
August 18, 2016, there were 646,024,221 shares of common stock outstanding.
April 22, 2016, there were 204,745,625 shares of common stock outstanding
November 20, 2015, there were 57,021,234 shares of common stock outstanding.”
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