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Alias Born | 11/10/2008 |
Saturday, January 25, 2020 10:28:03 AM
Absolutely, no consideration was provided for current shareholders in this transaction. Next Dynamics Corp. is running the show now. For sure, the 12M share purchase price is just set to load sufficient shares for a viable trade base after the RM is concluded. You can be assured the meager current pps * 10000 post split is not to be retained once the 12M shares are placed in the remaining post O/S....a big dilution impact.
These type of developments is where FINRA and SEC should put the hammer down with their virtuous 'protect the investor' motto. BS
Anyone think FINRA will deny the split? HA! This practice is legal and condoned.
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