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TenKay

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TenKay

Re: Jagman5 post# 65647

Saturday, 09/09/2023 12:48:41 PM

Saturday, September 09, 2023 12:48:41 PM

Post# of 71257
Yeah, I don’t know what their calculus was in doing only a 1:9. Did they want the ability to do another later that would blow past the 1:250 limit? Did they think the naked shorty lawsuit would propel them past a dollar? Did Michery realize he was going to have to dilute a lot more in the next two years and wanted to keep one last RS on the table? Did Nasdaq refuse to process an RS that brought the total past 1:250?

Who knows. It doesn’t make much sense.

1) Do I own stock?
Answer: No. I don’t invest in penny stocks.
2) Why am I here?
Answer: I like debating things that I have a 95% chance of being right about.
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