Glen, bad players tried to burn down house and make it look like they were doing everyone a favor and we know this to not be so - a bandaid isn’t gonna make it right!
Rule of Law, justice shall prevail and set an example for bad players -
Of course no prior similar scenario, to study that I have found.
“ If you reverse the entire spspa and put back all the money treasury has taken and void the spspa and warrants, the companies are immediately recapitalized and might not need to raise money”
There by eliminating any math that depletes value…
If a capital raise was needed still in the event my imho plays out, there is no need to reverse split - as there are many ways to raise capital but they are retaining capital and there was a tweet on twitter by Sandra this year, suggesting that retained capital is path forward.
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