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theswordman

06/09/23 12:25 PM

#17633 RE: vcf5502 #17632

it is impending impendment which so far has impedement

JPetroInc

06/09/23 12:57 PM

#17637 RE: vcf5502 #17632

how’s 10-Bil shares …

worth of potential dilution hit cha…?

sad but true

SMH
Bearish
Bearish

GreeseMonkey

06/09/23 12:57 PM

#17638 RE: vcf5502 #17632

RS predicted for 21 months now, and still no RS. Give it a rest. Not happening anytime soon. There's no reason to RS at this point. It's not going to accomplish anything. Shares issued and authorized shares would be reduced by the same RS ratio. Israeli law requires that, so it wouldn't impact dilution. They would sell fewer shares at higher prices to raise money.

It wouldn't be like IBIO, which did a 1:25 RS of their issued shares with no change in their authorized shares. They slipped that one by shareholders. Talk about setting a company up for major dilution. LOL