Funr (FUNR)

[SharonB]

John: How does that work? They do not have a history of abusing the shareholders by diluting the shares. In fact they have done just the opposite 2 times in the past. This doesn't dilute our shares in any way other than as I mentioned earlier the leverage a large number of shares has vs small price changes.

I feel a need to let this work out and see what the company is up to.

The last restricted share increase was also affected by the 150:1 RS. I am fairly certain they didn't go into this without a good reason. One thing it has done is reduce the float by a 150:1 factor. If my math is correct that brings the float down to around 2.41M shares. I'm not fond of such a low float and suspect the company will have to reverse some of this last split to have the opportunity to sell shares at a reasonable price if that was/is their intention at some future point in time.

Another way to look at this is it sort of freezes them into a position where it cannot be unwound without severe degradation to the intrinsic value of the shares by the MMs.

This reminds me of description, from days of yor, that goes something like this.
We have an enigma within a paradox within a mystery.
SharonB