Sunday, November 03, 2019 11:48:42 AM
How about because he doesn’t have the arrows or dry power everyone think he does and he knows a 1/20 won’t be enough...he knows it will have to be 1/40...but he wants everyone to think much lower really is a possibility just to make them feel better...
He wants 8 bucks a share when he splits...he knows he needs that much cushion...that’s why he’s trying to make sure 20 cents holds...
Because he’s going to need that much cushion when he reverse splits and doesn’t up list...and then dilutes...and has no real dry powder to help...
No financing...no forgiving debt...production is already a known thing...no one signing contracts with a sinking ship....(not that it will sink, but It will list and no one will climb on board until it is righted)...no new partners...
And kim knowing all this is why he has the 1/40 and did not limit it to 1/20...
You asked
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