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Re: Crisco post# 82812

Saturday, 10/19/2019 10:20:50 AM

Saturday, October 19, 2019 10:20:50 AM

Post# of 86313
Destroy shareholder equity? No. It does absolutely nothing to change your percent ratio of the company’s equity. If you owned 1/1000th of the company before, you still own the same ratio of the company in a split or a reverse split.

What destroys shareholder equity? Convertible debt (which this company has an enormous amount of...) and senior equity (which translates to 97% of the company’s equity. But I don’t really hear people talking about those things that much...


Nope, still not a paid basher. Just here helping to provide clarity and understanding to complex capital structures.

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