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Re: arondon post# 18881

Tuesday, 08/17/2021 6:06:08 AM

Tuesday, August 17, 2021 6:06:08 AM

Post# of 19526
I think you nailed it. “*Stock for stock acquisition will lead to SRAX dilution under 50%. Also expect some recap in parallel -- reverse split and/or shares retired. “

How the heck else could SRAX get below 50% threshold in 4-6 weeks? They have 160B of 226B shares right? So they currently have 70% of shares. They'd have to unload 45B shares to get below 50% threshold. FOURTY FIVE BILLION! Our volume is 1.5 mil if we're LUCKY. That would take over 45,000 trading days if they were able to unload 1 million shares a day. Also, isn't there restrictions on the price they can sell the shares? Doesn't it have to be .015 cents or something? Didn't that just come out?
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