Saturday, March 26, 2022 11:57:04 AM
NEW company investors DONT care about old MSMY bagholders,why would they?
WHAT do old shareholders OFFER new management...fuc$$$ all
1) reduce common, increase pps for new investors
2) new company, nobody cares about eclipse any longer..they gone !
3) maxed authorized.. simple math..common+pfd+debt conversions=maxed
ANY new group needs to raise money...600m++ leaves nothing
THEREFORE increase authorized or R/S
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