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JB3136

08/22/18 4:40 PM

#534683 RE: jerrylev #534672

that sucks, this R/S raw deal just keep sounding worse and worse.
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Evintos

08/22/18 6:31 PM

#534707 RE: jerrylev #534672

Sure it does. Part of the O/S. 1.5 million share count at a base value determined with the formation of the DEE to pay off claimants whether in full or for a lesser settled amount through litigation.

Post reverse split value TBD of course would result either in insufficient funds to pay off claimants or excess funds.

Distributed amount either unloaded or retained will affect the float and share price. Imagine 1.5 million shares unloaded and the pps that it would result in.