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Sunday, May 14, 2023 11:37:58 PM
"All great products are "self branding" Without that little else matters.
As far as "when the new dude takes control" the overwhelming concerns usually revolve around (a) dilution and (b) reverse splits. Authorizing and issuing tons of new shares is is never good for old investors. Reverse splits are particularly damaging because they not only do that via stealth (by failing to reduce the A/S by a proportional amount) while also making potential losses much worse. Examples:
Currently, a share priced at .0005 that falls to .0001 would lose -80% max. However, a 1:100 R/S would mean a .05 share would lose -99.8% if it hit .0001. What's crazy is that a 1:10,000 R/S would only mean the a slightly worse loss potential to -99.998%. So what if the new guy decides he wants shares pegged at $5.00 each thinking that will be maintained long enough to get moved onto a "big board"? A:10,000 R/S would do that. The current O/S would be reduced to 775,000 shares @ $5 ea. But an A/S any larger that 1.1 million would be an increase over the current proportion.
Do not buy, sell or make any investment decision based any information or opinion I post. Conduct your own DD.
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