The share structure shown is only the tip of the iceberg. When I last checked, management owned 100,000,000 'preferred' shares, which are immune to reverse splits. Each preferred share can be converted into 250,000 common shares. So, the fully-diluted float is somewhere around 25,000,000,000,000 shares, that puts the current fully-diluted market cap somewhere around 2.5 - 5 billion dollars. Not bad for a company that has only produced a handful of shitty apps!
But wait, there are 800,000,000 authorized preferred shares, so the fully-fully-diluted float is somewhere around 200,000,000,000,000 shares, putting the fully-fully-diluted market cap somewhere around 20-40 billion dollars. Really not bad for a company that has only produced a handful of shitty apps!!!
