InvestorsHub Logo
icon url

PeanutButterJellyTime

08/19/19 10:44 AM

#310846 RE: chereb19 #310840

George has advised that the O/S will be reduced post R/S.




... and then diluted so current shareholders get totally screwed!

It's in the PR, read it carefully
icon url

I-Glow

08/19/19 3:11 PM

#310863 RE: chereb19 #310840

That isn't true - you do understand that a reverse split reduces the O/S - what was stated was the O/S would be increased post split.

Sharp has flim flamed investors.

IG
icon url

RamsInfiniti

08/19/19 9:18 PM

#310875 RE: chereb19 #310840

You misinterpreted what he said ....

If the 8:1 R/S happens, there will be about 250M shares out.

They are then going to authorize 1.4B.

So they could then dilute an additional 1.15B shares.

The O/S would then still be decreased versus today.

And your shares will be worthless.