Replies to post #60490 on Sun Pacific Holding Corp (SNPW)

[x100xPercent]

Yes obviously but it's pointless to try to get them to change the unlikely reverse split ratio, the ratio will hardly make any difference, all that really matters is whether or not there will be a reverse split and it seems that they said they do not plan to do one. Lots of companies put the filing in just in case they want to take that option in the future, as long as they only plan to go that route for uplisting and not for funding some new venture.

[ForeignCitizen]

Unless the company does a reverse to offer potential investors who are offering direct funding to the company as an upside or an equity kicker position in the company and at that point they would be locked in and could not sell shares similar to Nick shares not being liquid and considered insider shares.
So they would use the equity from giving shares to an investor as collateral against their investment and no dilution and we all win.
Only way it could be dilution is if investor decides or is able to sell their shares in the market. IMO

I feel the reason companies use stock as collateral is to acquire or bring in investment dollars. If they have investor coming in I don't think the investor would want to dilute the company without hurting themselves in the process.
SNPW is Golden

[Skiluc]

Who would be most effected by the RS? Would it Be the insiders?