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StevieT

05/28/21 10:14 AM

#66174 RE: stervc #66167

Sure, having the 70B waiting in the wings would be a little spooky, but if they were issued diligently and only as-needed, at least you know you're getting value whenever the dilution hits.

"We are pleased to announce that Hempacco has acquired Company X in agreement of the issuance and receipt of 1 Billion Shares"... that kind of thing.

Nobody in their right mind just issues the ENTIRE A/S all at once just to sit on a giant pile of shares like Scrooge McDuck in his fucking swimming pool full of gold coins.
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Vintage1776

05/28/21 10:29 AM

#66180 RE: stervc #66167

In says right in the PR that this step will help them raise capital as well as pursue other acquisitions. I agree they created a snafu in the wording and arrangement it would clearly seem to be a mistake of some sort as its a highly unusual move.

Let me ask you this Stervc,will the shares be counted into the OS once the restrictions are up or must they be sold first before they are counted into the OS.