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rta16

09/06/17 11:21 AM

#16904 RE: pokerpunk #16903

The divy is not confirmed, audit isn't completed, dilution continues
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bucks2pennies

09/06/17 11:32 AM

#16908 RE: pokerpunk #16903

Good point but I really don't think they care. Not enough time to get approval now and implement R/S before divvy official. I think it will happen after that and "our shares" retro fitted by an adjustment to be made thereafter...all weakened by the number of C shares of LTCP issued by current standard...more Cs issued because of rise in O/S.

Cs will be adjusted later to ensure that no more than 80M shares of LTCP distributed in 2020 OR 80M shares will somehow be adjusted upward (anything is possible with NOTHING really being issued other than paper). This issue simply can be kicked down the street and left for events to be rectified in the future. Money transfer will never happen. We will only get the appropriately reconfigured shares to equal their chosen value of divvy...if any (yet to be determined).