Re:
Sound like a reverse split to immediately sell more shares
Obviously the following is not exact wording:
I specifically said I was concerned an RS would immediately restart the continued dilution into oblivion.
Response: I'm not sure if you've been involved with an RS before, but they are not doing it for the typical reasons. The company needs capital for increased distribution, inventory, deals, etc. And, with a higher PPS, it will be easier to handle any remaining debt.
IMO, his response was a strong "no" to "dilution as usual". I know some think all the debt as we knew it has magically disappeared, and maybe it has, but my gut says "some" remains.
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