InvestorsHub Logo
Followers 40
Posts 3013
Boards Moderated 0
Alias Born 04/08/2012

Re: threewheeler post# 30873

Wednesday, 09/16/2020 3:10:40 AM

Wednesday, September 16, 2020 3:10:40 AM

Post# of 30974
You guys are not reading correctly...

Outstanding shares of VRTY are 127,333,060
The creditors get 90% of the outstanding shares, which is 114,599,754...on page 6, these were already issued on 8/27/2020...this is ALREADY DONE...means the float is 12,733,306 as of today.

The 200-1 REVERSE is not accurate, most likey not even happen. This is the MAXIMUM allowed If needed per the Nevada plan.

Why would the creditors take 90% of the shares on 8/27 then agree to a 200 per 1 share reduction right off the bat?

The filing is not very good in terms of their wording and how they listed everything