BHPA Inc (BHPA)

[wallstreet1231]

Have you read the last page of the Q. They are changing the name, 70k reverse split,decreasing the authorized from 6 billion to 750m etc.

For every 1 m shares owned pre split you will own 14,285 post split.

Post reverse split there will be roughly 5.5 million shares outstanding. With the new authorized count to be 760 million shares, this gives the company just under 700m shares to dilute/use/issue as they want.

This picture makes it clear to me why there is little buying - seriously, the company has zero sales and can dilute up to 750m shares while current holders will only own 5.5 million shares post split. No thank you.

Wouldn’t be surprised if we see heavy selling with the price possibly going into the trips.

My opinions.