Here is the line that concerns me:
“The Board believes the Reverse Stock Split is necessary and advisable in order for the Company to maintain the Company’s financing and capital raising ability.”
Underline “financing and capital raising ability.” that’s code for “We’re gonna reduce the number of shares and then dilute the Bejesus out of this, so we can pay the rent on our overpriced condos and Mercedes’.”
Hope I’m wrong, but so far I haven’t seen these guys do anything right yet, except buying this old shell.
Recent CSOL News
- Form 8-K - Current report • Edgar (US Regulatory) • 03/11/2024 12:10:47 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/30/2024 09:41:46 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM