here's another email I just sent..
Pete, here's what you folks need to realize.. When you enact the R/S the current share price will likely be around .003, giving you
a new post R/S of .30.. Within days after that it'll drop to less than a dime and down from there.. No new investors will touch it
with the inflated A/S, all knowing full well you can and will issue those shares at a whim.. So you're back to penny level within weeks of the
R/S.. makes absolutely NO sense..
At that point the "New" company loses all respect and what has been accomplished.. I can show you sub penny stocks trading right now, that have over
a billion shares outstanding yet ran from .00.. to over a nickle with the right news.. You could have raised the A/S to 750m and hit the streets with
news then sold the PIPE shares over a nickel..
This was the worst possible way to go about it..
Thanks for listening to my venting, better days ahead, hopefully!
XXXX XXXXX
Shareholder