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Re: Personalizit post# 302503

Sunday, 03/02/2014 12:22:06 PM

Sunday, March 02, 2014 12:22:06 PM

Post# of 326435
Because no par value will allow YA to convert between $0.0001 and $0.001 per share. NEOM is willing to pay much higher Delaware franchise taxes to allow YA to convert below $0.001.

It may take several months after the 15 for 1 RS is executed for PPS to drop back to $0.001. However, YA clearly doesn't want to be constrained into paying more than retail investors to acquire shares like they are today.
Volume:
Day Range:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y