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Dead On Arrival

09/01/23 2:02 PM

#101735 RE: ge11 #101734

We lost none. Also tell me the last time a r/s has done well for it's shareholders. What would you say if Mark has to do another r/s to raise the price again. Do a 1/5. Your shares would be wiped out. You just do not get it. Lousy companies have to do r/s and you can see the results.
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LCP77

09/01/23 2:13 PM

#101736 RE: ge11 #101734

“Duke,

We lost 90% of our shares, but what percentage of ownership did we lose?”

Well at least 23%. 23% of ECRC is held by GXII peeps. And counting: The dilution of the $15mm bucks was about 5%. That went to pay the spac fees. So there’s 28%. The dilution from Yorkville is ongoing. I think you’ve lost about a third of your ownership since March.