A few years back there was a reverse split 5 for 1 leaving a total of 201.26 Million Shares Outstanding with the Float being 106.18 Million
TO UPDATE>>>>6 billion authorized and one billion 45 million outstanding.....that's just 4 years...
Between cornell warrants and preferred stock all of the 6 billion is spoken for.....
1,045,000,000. O/S? What would a 5 for 1 Reverse Split do now? 209,000,000 O/S at .05? $10,450,000. R/S at .01? 209,000,000 O/S at .25? $52,250,000 R/S at .05?
What does Cornell need? 6,000,000,000. A/S? .01 = $60,000,000. R/S at .01? = 1.2B @.05 / $60M? 6,000,000,000. A/S? .05 = $300,000,000. R/S at .05? = 1.2B @.25 / $300M?
A New SaVi SS... be a bad thing? FYI - 33% of all Reverse Splits are favorable to the stockholders.
New SaVi Share Structure with a clean... cleaner Debt Structure? 1.2B -A/S 209M-FLOAT
What would be the problem if history repeats itself, and left all interest in SVMI equities in a better place?