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Re: DeadBatBounce post# 967

Saturday, 02/13/2021 2:32:15 AM

Saturday, February 13, 2021 2:32:15 AM

Post# of 990
Doesn't look likely. See https://investorshub.advfn.com/boards/read_msg.aspx?message_id=161795281

So, 100% of the authorized but unissued common shares will be issued under the Plan. They also get a lot of warrants, which will further dilute the existing common shareholders. According to the current articles, the company's authorized is 1 billion common shares with 142 million outstanding. So, 858 million new common shares will be issued, thus diluting existing shareholders down by 83.5% before the warrants are issued.

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