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Re: Threeflight post# 13362

Friday, 07/09/2021 5:04:19 PM

Friday, July 09, 2021 5:04:19 PM

Post# of 28549
Take DPLS for example, over 4 billion outstanding shares and 20 billion, THAT'S RIGHT 20! billion authorized. Financials parallel to that of a lemonade stand being run by an 8 yr old from Kentucky. Closing price today? .175 LMAOOOOOOOOOoooooOOOOOOooooooOOOOOOOooooo. AS I SAID. When insiders own such a large portion of the float the incentive to reverse split is not there. Furthermore like you said, until October 6 the preferred shares are not redeemable and unless they intend to raise the authorized share count further the number of outstanding shares cannot exceed authorized shares per the 14c filing. Correct me if I'm wrong.
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