CBA Florida Inc. (fka CBAI)

[MinnieM]

Why would a CEO want to reduce shares for the reason of attracting Institutional investors, and uplisting, then at the same time increase the A/S?

You've nailed it. That is the key question.




In Reply to 'mkendra'

I totally agree. Splits (both forward and reverse), mathamatically, are meaningless when it comes to value.

Increasing th A/S without additional company value is a recipe for dilution.

I'm not saying this is a scam, but certainly many scams operate this way and makes a company suspect. Why would a CEO want to reduce shares for the reason of attracting Institutional investors, and uplisting, then at the same time increase the A/S?

The CEO is countradicting himself.

Bottom line, he is desperate for cash. It is obvious.