Friday, September 19, 2008 9:34:06 AM
Therefore, it is logical to include the 1 for 1000 reverse split in my calculation.
Therefore, the effect on the longs' stock is the creation of over 1 TRILLION shares for purposes of dilution.
950M shs (GLCC) + 650M shs (MONA) = 1.6B shs
1.6B shs * 1,000 = 1.6 TRILLION shares created following the creation of MONA and GLCC.
Mind-blowing....ey?
THAT'S why the PPS is at sub-penny levels.
All posts are my opinion. I may be wrong, but I doubt it.
Numbers don't lie...people do!
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