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Penny chatter

07/10/20 1:53 PM

#64060 RE: solong #64059

Where is the RS reported?

janum

07/12/20 3:40 PM

#64081 RE: solong #64059

1:5000 RS would bring OS to 9 M.
Which is good for stockholders as long as they don't dilute the stock again. I know Finra is not going to approve such a big RS. It will wipe out 80% of shareholders. Finra does work for shareholders. The most appropriate RS should be 1:250 which will reduce the OS but keep most of the shareholders intact.