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Re: N3lson33 post# 86760

Thursday, 11/12/2020 3:48:44 PM

Thursday, November 12, 2020 3:48:44 PM

Post# of 100369
They can't do a reverse split unless the DTCC approves it and last time Josh tried to do a reverse split, they were denied by the DTCC.

Also there is an additional billions of shares that would hit the market if the preferred shareholders convert their shares to common. That would bring the total up to somewhere near 8 billion shares.

Hopefully they can find a way to bring the share structure down to some reasonable amount.