wilma: Except we lost the par value which will keep the dilution going strong after we drop below .001.
They can just continue to execute these deals and it only takes two more to go over 1500:1. In addition, this filing just added an additional 25 MILLION preferred shares with undesignated conversion rights. They could literally be worth a trillion common shares which would require another reverse agreement.
There is nothing in this deal that is better for shareholders.
“It ain’t so much the things we don’t know that get us into trouble. It’s the things we know that just ain’t so.” Henry Wheeler Shaw