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Replies to #135 on C3is Inc (CISS)

tigerpac

04/10/24 5:51 PM

#161 RE: tigerpac #135

I think I called this pretty good. Turns out to be 195 million shares, 1:100 R/S. Bet ya the AS stays at 2 billion shares or at best is 1:10 (200 million shares).

Stock won’t hold $3 very long as MM’s know there is mucho shares to convert on future.


Company has already approved a reverse split if it does not meet Nasdaq compliance on price (6 mo extension just granted).

R/S ranges from 1:2 to 1:500.

AS remains at 2 billion. Lots of preferred stock that can be converted to common.

All this to pay Harry’s other company , IMPP.>