Replies to post #40207 on Woodbrook Group Holdings Inc (WDBG)

[janice shell]

Well, the company CHOSE to lower the a/s to 222,222 shares.

[mcgbyron]

Except when they file the AS to be,

222,222
tututu,tututu

[horst]

Since AS will be 222,222 (current AS of 2B divided by 9000), and the current OS divided by 9000 is 138,754, that would leave WDBG with 83,468 split adjusted shares to dilute. A typical company, legit or scam company, would leave the AS the same to provide room for ample fundraising via dilution. Had they left AS at 2B, they could have raised $100M with a share offering concurrently with the R/S without putting a dent in their authorized shares. If this is a scam, it's got to be the most upside-down scam I've ever seen, since they'd be shooting themselves in the foot by reducing AS by a factor of 9000. And if it's a legit company doing it's best to prepare for uplisting, it's also the most upside-down preparation for NASDAQ I've ever seen.

Whatever happens, I think this is a stock we'll all remember... Staying tuned for now.