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Thursday, December 28, 2023 10:42:20 AM
Bwahahahaha. Of course market cap is a reflection of the price vs the shares. The part(s) you keep ignoring is that market cap is far more important than number of shares.
If I have 100 shares worth a dollar then I have $100. If an RS happens 10-1 then I’d have 10 shares worth $10 meaning I’d still have $100. If this hypothetical rs led to a cleaner share structure that allowed a company to grow their business significantly the. The value of the company would grow. Let’s say some deals doubled the value. If then have 10 shares worth $20 so I’d have $200 instead of $100.
The bigger thing you keep mention is the caveat lettered “(b)” on page 5 that specifically speaks of any forward or reverse split needing to be “approved by a majority of EVERY CLASS OR SERIES of shares “ which would be affected by said move .
God I hope no one is actually paying you to be a troll
If I have 100 shares worth a dollar then I have $100. If an RS happens 10-1 then I’d have 10 shares worth $10 meaning I’d still have $100. If this hypothetical rs led to a cleaner share structure that allowed a company to grow their business significantly the. The value of the company would grow. Let’s say some deals doubled the value. If then have 10 shares worth $20 so I’d have $200 instead of $100.
The bigger thing you keep mention is the caveat lettered “(b)” on page 5 that specifically speaks of any forward or reverse split needing to be “approved by a majority of EVERY CLASS OR SERIES of shares “ which would be affected by said move .
God I hope no one is actually paying you to be a troll
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