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SLC-JD

06/30/22 10:41 AM

#59028 RE: Myth #59013

Not advocating for this approach (all three are highly dilutative to current shareholders), but the way to do it:

1) R/S without reducing authorized resets PPS somewhere over a buck while at the same time creating massive headroom between OS and AS. Instead of the current ~425MM available shares (with a current value of $680), the company theoretically has 1.85BB shares to sell.

2a) Company files an S-1, and does a public offering, registering some portion of those available shares and selling them into the market where they are immediately available for trading

2b) Company files a Form D, and does a private placement, selling restricted shares which may subsequently have the legend removed and be traded after a sufficient holding period per Rule 144 (one year for non-reporting companies)

2c) Company begins taking on convertible debt