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Re: bonedaddy77 post# 1163

Wednesday, 06/19/2019 7:11:46 PM

Wednesday, June 19, 2019 7:11:46 PM

Post# of 72954
A reverse split does not fix the shares needed for the convertible debentures conversion.

Management destroyed the share structure. The only way to fix it is have all debentures agree to a fixed conversion and make sure there are enough shares authorized to cover the conversions, then stip the stock. But the investors would be stupid to do that. Right now they're guaranteed a profit if they have a short seller go sell it then they cover the short, illegle but done all the time.
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