Jimmy has full control over chimericas shares. Not sure how that will be applied going fwd. they were gifted those at .00001 value so not worried about them. However going forward, as mentioned in the release,
After 1:100 Reverse Split
Authorized Common Stock
300,000,000
991,163
Common Stock available for issuance upon exercise.
That less amount of shares on the market will make it difficult to trade if at all possible. This must have something to do with the next deal, but I suspect dilution after ... Only way to make it tradable. Unless I'm reading this news release incorrectly.
Only time will tell.
Snake bites not looking good, perhaps Rambo will heal it.
