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They didn't cut the A/S. They made

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RE-Digger   Monday, 10/21/19 12:48:52 PM
Re: Magnum7419 post# 82865
Post # of 84687 
They didn't cut the A/S. They made it massively larger. Take the current A/S of 6B, divide it by the split ratio of 1 for 2000, and you get a post-R/S A/S equivalent of 3M.

They have proposed a new A/S of 3 BILLION. That's 1000 time larger than the current A/S.

What do you think their plans are for dilution???

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