If only 15.5 million shares remain after share cancellations, a 10:1 FORWARD SPLIT will only bring $SRNW to 155.0 million total outstanding shares. The other Sharp ticker just did a 3:1 to bring its 177.0 million outstanding shares to three times that; 531.0 million shares. For $SRNW stay in the same area of that ticker, it would need to do a 30:1 forward split. And if Worldwide was NOT satisfied with 177.0 million outstanding shares, why would SRNW be satisfied with less than that, 155.0 million outstanding shares?.
For that reason, I think that $SRNW will need to do at least a 30:1 forward split giving it approximately the same as the other G ticker;, 30 X 15.5 million = 465.0 million shares. In my opinion, I still think that $SRNW will do at least a 40:1 forward split, giving it 620.0 million outstanding shares, a number very close to the outstanding shares of the ticker that just did its 3:1 forward split here today, June 29th, 2022.
And to be perfectly honest, with Mr. Sharp owning 300,000 shares of $SRNW, I think that $SRNW will get even a larger reverse merger candidate than the G Ticker that just did the 3:1 forward split. If that’s the case, then a 60:1 forward split is NOT OUT OF THE QUESTION. 15.5 million shares X 60 = 930,000,000 outstanding shares. It’s definitely possible.
That would give Mr. Sharp 300,000 shares X 60 = 18,000,000 shares, a number very similar to his 20.0 million shares of the non-Pink Trifecta Ticker.
A 10:1 forward split is the absolute minimum and 60:1 is on the high end. But anything is possible here. We will see.
:-)
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