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Sprycel

07/19/17 11:26 AM

#26571 RE: drutkiew #26568

Makes sense but if a CD holder can get .00004 shares and then sells them at .0001, the profit margin is more than double and it is at current shareholders expense. If they get .0002, the rewards are enormous for them! They don't care what the future price is. It has been explained here several times of how they work. Also, note the company is NOT compliant with the SEC. They are current with their financial filings only. As per their 10Q, they do NOT have enough shares authorized to pay off their CD debt. They must change that before they are compliant. It has to be either an increase in the authorized to fulfull the future dilution for debt to equity payment or a Reverse Split! JMHO