Cloudward Inc. (CDWD)

[dejavu alloveragain]

the 2 possible scenarios being debated>

most here seem to think that the current free trading shares will go POOF when a ticker change occurs. all current shares currently being traded will cease to exist, and not convert. they will just be deleted. the ticker will show up on the deletion list someday and that will be it.

a few here wonder if the 'effective' date in the PR already happened. and that the share structure as defined in the filings already exists as of the merger date. that share structure is:

A. 5,010,000 free trading shares, potentially the 'float'. These shares were issued to creditors of Tripath to clean up the shell so that the merger could take place.

B. 17.690,634 restricted shares owned by former private stockholders of Etelos.

22,700,634 total outstanding, A+B.