do you think with the state agencies and possibly the AG's too, watching and being informed of whats going on, that some back room deal will be allowed especially if illegal activities were involved that created this situation?
He doesn't have to sell them shares to cover shorts. The brokers have to replace our shares with bonafide shares. If there are a billion out there then that's what will be needed, if there are less then there are less the billion is an arbitrary number as far as I am concerned. Megas says he doesn't know how many. he made an attempt to guage the number with the lawsuit so I think he has a good idea how many he could issue and transfer to T/A if he wanted to. I just don't understand why he doesn't do it since that seems to me to be the logical route to resolve this. He can let market forces deal with naked shorts.
If he does a reverse split the shares would increase in value as a result of the split. Lets say he did a hundred to one split, the pps would reflect that and the value would remain the same until share holders sold shares or he dumped treasury shares.
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