But what if they don't dilute...just outright cancel commons and reissue new stock. They could still keep 51% control.
Also, sometimes the POR is the first time cancellation of commons is announced. It happened to us at AB_T_.
I am not a basher, but rather am holding a substantial number of shares of this position and if you could provide a good answer to these questions a lot of people will be put at ease and I think this stock would possibly explode with these concerns addressed.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.