CBA Florida Inc. (fka CBAI)

[MinnieM]

The facts are in the math. Calculate it out yourself with your own shares. The percentage of ownership drops with that increased A/S coupled with the R/S.

Here’s a sample:

Current A/S = 6,945,000,000
After a 500/1 r/s it will = 13,890,000
Increase A/S to 100,000,000 after r/s.

500,000,000 shares currently held will become 1,000,000.

Presplit, the 500mil is roughly 7.2% of 6,945,000,000.
Postsplit, the 1mil is roughly 7.2% of 13,890,000

Now, let’s increase the A/S to 100,000,000 after the r/s.

That 1mil held is now 1% of the A/S.

In my mind, 1% is quite a bit less than holding 7.2%. It’s about an 86% drop in percentage owned from pre to post split.

This increase in A/S needs to be considered since it wouldn't be happening if it weren't going to be used. JMO

http://sec.gov/Archives/edgar/data/1289496/000135448811000407/cbai_pre14a.htm




In Reply to 'locksflooring'

Could we see some of those FACTS I thought that just happened to Companies that aren't FULLY REPORTING.