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Sunblazers

05/21/18 8:37 PM

#139080 RE: The Swede #139075

LOL...They are reaching now. Sounds like the shareholder pledge Namaste is trying to do...nobody sell your shares over the next 90 days and the pps will rise....now why didn't we think of that years ago?
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RealDutch

05/21/18 8:57 PM

#139083 RE: The Swede #139075

So the company believes that the shares of shareholders who have no intention of selling shares is available for the market...



Available for shorting?

This only makes sense if they have strong indications that the stock has been heavily shorted. Even then, this is not the way to fight the shorts.

Or Solomon doesn't want to raise the A/S above 50M shares. And is afraid we are heading there.
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andrewflying

05/21/18 9:44 PM

#139089 RE: The Swede #139075

I think they will differentiate preferred shares from common shares so that: (1) the dilution only occurs to the common share holders; and (2) dividend pay will be different.

I think that is another way of ripping off common shareholders.
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Redbull84

05/22/18 12:07 AM

#139098 RE: The Swede #139075

The purpose of this should be that they are able to use them as collaterals, and so they don't have to raise A/S.