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rickn23

11/14/16 11:17 PM

#73856 RE: Penny_Island #73854

If Benny gave any semblance of knowing how to run a company, yes, shareholders would be better off, with the remaining shares issued for funds. If REDG is to get on track, it needs someone that knows how to run a company, that clearly isn't Benny.

As it is, I think if Benny gets any more money, does a reverse split, or does any other action to generate money, it would just be blown away with nothing to show for it.

A reverse split, now, would just allow the share price to start tumbling again. The time for a reverse split was well before the share price hit bottom.

Edit
It just occurred to me that the 8K didn't contain all the debt conversion information that is usually squeezed in. I think there were over a billion shares issued since the last 8K.