Replies to post #35436 on Rebus Holdings Inc (RBSH)

[cruecu]

Regardless, that day is not today. Clearly from the dollar volume they aren’t really diluting either. Bounce potential is there if they want to do it.

[Diegote10]

you left out a very important line. On October 6, 2020, our stockholders approved an increase in our authorized shares of Common Stock from one hundred fifty million (150,000,000) to one billion (1,000,000,000) shares, as well as authorizing a reverse stock split of our Common Stock at the discretion of the Board of not less than 1-for-2 and not greater than 1-for-200 at any time prior to October 5, 2021.


Why increase shares then turn around and mention of authorizing a reverse split at the board discretion? Does not make since.

[Diegote10]

do you think an R / s is coming before October? but many shares still need to be diluted