5 Million to 6 Million Outstanding shares. That appears to be clearly what you are suggesting. I'm saying that's 3 to 4 times dilution. Which equates to ANOTHER dilution of pre-consolidated/pre-reverse split shares by 300% to 400%.
In other words - the initial 100 to 1 reverse split will effectively become a 400 to 1 or 500 to 1 reverse split. Sir, the size of the Pizza Pie doesn't change. What changes is the size of your slice. Dilution from here forward is like being left with crust stuffed with bullshit.
There is no sugarcoating of the numbers. They are what they are no matter how you try to get to 5-6 Million shares. It's an insane continuation of dilution that doesn't affect management as they kill us all off. No point in rehashing what I posted yesterday. However, your theories basically forgets the past. Which is something I'll never do.
Bottom line is Moreau is a moron who only knows small-time dealings. He's going to continue running the company into the ground with petty penny private placements. The uplist if approved will prove what independent analysts (not Smackie Mackie Research Uddin) think of Algernon's "Virtual Reality" company as moronically described by Moreau in the latest webcast posted @ Stockhouse.com
If it's anything like what the market thinks about XORTX since it's Nasdaq listing (Pure Comparison) expect the bottom to fall out in short order while nothing but a Phase 1 clinical trial gets underway. More Pain and Anguish is coming sooner rather than later.
Please begin to wrap your mind around the fact ANY dollar amount regarding share price must be divided by 100. That is the actual and factual formula needed to know where you stand in relationship to all of Moron Moreau's Moves Moving Forward.
Someone, Anyone, please tell Beer Buddy I said Hell O.
M$
News 
Market Data 
Discover 
