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Re: samroux post# 42777

Sunday, 01/17/2021 1:37:30 PM

Sunday, January 17, 2021 1:37:30 PM

Post# of 43076

They announced it with a full month of trading days remaining.

In that time, the time between the announcement and when the reverse split was executed, the stock traded nearly 3 billion shares.

3 billion shares traded in a month is plenty of liquidity to continue diluting, and continue diluting they did.


Yes before they actually did the RS there was time, point taken. But selling shares into an actual RS is usually not an easy thing to do despite the fact that they said they do the A/S decrease. They could have sold plenty more now after the RS if they waited a few more weeks or months. Either way I agree on the general theme, they are scumbags there is no doubt about it, even for otc measure.