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Re: downdraft post# 70442

Sunday, 12/31/2023 9:11:44 AM

Sunday, December 31, 2023 9:11:44 AM

Post# of 70650
Problem with that is that they'll wipe out the current shareholders in the process. Because it won't be just.one reverse split that happens but two and possibly more. And don't be fooled by the insiders holding shares themselves. They can change the conversion rates and preferred share to common share exchange rates at any time to suit them. Or simply give themselves new shares under a different class. All they need to do is "vote" it in and file it.