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rut2k9

08/20/19 11:35 AM

#56610 RE: Zorax #56609

the R/S was publicly filed and cited in several PRs.
While this has been a pump & dump in the past, the reverse was purely to create a higher share price (but a lower market cap) so they could sell more toxic debt. Right now, the share price is too low and they have too many shares outstanding, so they need to do a (massive) reverse so they can sell more toxic shares and pay their (inflated) salaries.

Nothing more.
Nothing less.