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Sunday, June 12, 2022 7:28:07 PM
But just for sake of argument let's say that is their plan and that the filing goes through and is implemented. The effect I described above would still hold. In that case they could weight for a year or two and implement a reverse split. Depending on who picked up shares at 0.0005 and how many shares they picked up they could do a 100 to 1 or 1000 to 1 reverse split effectively freezing out any current share holders from significant profits. Any 0.0005 buyers would have to be in the know and no doubt would load up to the max.
BTW if anyone knows please tell me the importance of the Colorado and new York jurisdiction for sales of this cluster f***.
So.......If they are intentionally trying to shake loose some shares this will probably work. I wonder how many holders of significant numbers of shares do not follow this board?
Going to be an interesting week.
BEST OF LUCK TO ALL OF US!
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