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Red_Right_Hand

12/13/25 12:22 PM

#802719 RE: sentiment_stocks #802716

If they were planning to do a reverse split, they wouldn't be asking to raise the authorized share limit, because a reverse split would provide them room under the current authorized share limit. They are asking to raise the authorized share limit because they are not doing a reverse split.
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jesster64

12/13/25 12:45 PM

#802723 RE: sentiment_stocks #802716

Also, a reverse split would have to be in the neighborhood of 1 for 20 to move SP up enough for another market. I don't think anyone votes for that. Add to that, continued dilution without news would just drive price down again. More logically, the 900 million shares might be part of deal to takeover another company. Thats only reason that makes sense to me on the number of shares requested. Nothing is off the table though until they see how the market reacts to approval. It looks like they have a plan for multiple scenarios , I hope. Off now to put up christmas decorations.