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Re: OTC Whisperer post# 19325

Wednesday, 06/22/2022 8:03:17 PM

Wednesday, June 22, 2022 8:03:17 PM

Post# of 23788
The problem is pre-14A with proposed 1:500 or 1:1000 Reverse split and AS raise. Will they wipe out common shareholders ... ? Why did Michael Bigger sell his shares and bought notes? Is it because notes are not affected by A/S raise / RS and shares are? Those are the real questions here...

For every 100,000 shares at 1:1000 RS common share holder gets 100 shares and with that A/S raise the value of those 100 shares is suspect.