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Roofus

02/04/19 8:43 AM

#118044 RE: dukelasilvertbird #118042

Horrible ratio. They do an 8:1 RS

But they only reduce the Authorized Shares by virtually half (from 2 billion to 950 million).

When the shares are converted after the RS, there will be an outstanding share count of 250 million.
It will eventually get diluted to 750 million (if not the full 950 million), which will wipe everyone out.

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12ka

02/04/19 8:44 AM

#118046 RE: dukelasilvertbird #118042

this letter is a joke,clearly more dilution coming by george the chit