Mitesco Inc. (MITI)

[Stockingstuffer12]

I just went thru the whole thing.

My take always are:
200mm shares out standing but only a group with 11mm got to vote for this? Doesn’t seem like a majority of shareholders.

The outstanding shares of 500mm weren’t changed or adjusted.

The company knows the financial risk could bring down the reverse stock price such as “financials”. Or no revenue.

The comp plan 2022 will adjust shares and equity to the board and management team. After the reverse split

Dilution after the reverse is almost certain, even if they don’t complete the up list.

*No of this sounds very shareholder friendly imo.