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Re: theswordman post# 44419

Thursday, 07/21/2022 7:53:24 PM

Thursday, July 21, 2022 7:53:24 PM

Post# of 44690
Yes, most of that is true. However, after RAM performs a forced 1 for 150 ADR conversion....anyone who currently owns shares on the OTC will see their share count drop by a factor of 150, and they will see their share price increase by a factor of 150. That is exactly how an R/S works.

I have been informed that shares purchased on the Swiss (rather than the OTC), will not experience the 1 for 150 conversion. It's the folks who purchased their shares on the OTC that will experience the 1 for 150 conversion. At ADR Level 3, RAM can start dumping / diluting ADRS to raise $ and put downward price pressure on the ADRs. That's the risk that I'm seeing.

Now it is quite possible that I have been misinformed. However that is how it works according to the folks at OTC Markets. I wish it were different!!