InvestorsHub Logo
Followers 30
Posts 7056
Boards Moderated 0
Alias Born 06/23/2010

Re: Cartmontster post# 235020

Thursday, 05/02/2024 3:29:29 PM

Thursday, May 02, 2024 3:29:29 PM

Post# of 235078
The proposed Reverse Split has language that effectively raises the current Authorized Share count to 1000 BILLION. Please, check my math.

They clearly intend the worst case ratio, because as of the date of the 14C filing (5/2/2024), they state (falsely), that the expected share value will be 40 cents post-RS. That would only be true if shares were trading at .0004, which they are not and have not been for many days.

They state the post-RS AS will be 1 BILLION shares, allowing for effective dilution up to the current equivalent of 1000 Billion or 1 Trillion shares.

They further state that their own, Preferred Shares will not be subject to any reduction in number whatsoever.

Define Crooks.

Define Menaces to Society.