InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,071.63
(
0.02%
)
US TECH 100
16,868.40
(
-0.79%
)
Dow Jones
38,460.92
(
-0.11%
)
Brent Oil
87.09
(
-0.15%
)
Bitcoin
64,196.09
(
-0.13%
)
Post# of 14108
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

MikeyInTheD

Send PM Follow Ignore
Followers 49
Posts 2881
Boards Moderated 0
Alias Born 03/21/2018

MikeyInTheD

Re: Jagman5 post# 10587

Tuesday, 08/25/2020 1:35:25 PM

Tuesday, August 25, 2020 1:35:25 PM

Post# of 14108
1. They say they will minimize the impact to current shareholders...well that could be wishful thinking on their part or just trying to keep the shares trading with decent volume so they have a market to dump new shares into.

2. They have plenty to gain by wiping out commons shareholders. They bought the preferred shares. If they wipe out current shares they can issue new shares and raise much needed capital.
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up