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Re: Myth post# 59013

Thursday, 06/30/2022 10:41:46 AM

Thursday, June 30, 2022 10:41:46 AM

Post# of 65764
Not advocating for this approach (all three are highly dilutative to current shareholders), but the way to do it:

1) R/S without reducing authorized resets PPS somewhere over a buck while at the same time creating massive headroom between OS and AS. Instead of the current ~425MM available shares (with a current value of $680), the company theoretically has 1.85BB shares to sell.

2a) Company files an S-1, and does a public offering, registering some portion of those available shares and selling them into the market where they are immediately available for trading

2b) Company files a Form D, and does a private placement, selling restricted shares which may subsequently have the legend removed and be traded after a sufficient holding period per Rule 144 (one year for non-reporting companies)

2c) Company begins taking on convertible debt
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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