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PennyStock Alert

04/30/19 6:55 PM

#6200 RE: linda1 #6199

I’m still reading it, but yes, you are correct

PennyStock Alert

04/30/19 7:01 PM

#6201 RE: linda1 #6199

… And nowhere does it say anything about change in share structure or outstanding shares. NEO Compensation is also in shares/cash. This is getting extremely exciting :-)

UpTickMeA$AP

04/30/19 7:07 PM

#6203 RE: linda1 #6199

It wont be canceled.. It will suffer massive sickening dilution.

They have $6 BILLION in debt that needs to be addressed in bankruptcy. They dont have close to enough cash. Add in the $1 BILLION in DIP needed to keep the lights on in bankruptcy.

How will they pay the debt?


By issuing new/more equity to raise capital. This will slaughter current shareholders with massive dilution.

This is why Blackrock, and many others dumped this stock. Blackrock was the largest shareholder.


Its really very unfortunate
.

MOCKBA

04/30/19 8:44 PM

#6207 RE: linda1 #6199

Thank you linda, it looks like commons are safe! Weeeee