I guess that means they can dilute it by 820 million shares or 73% if they decide to issue the entire 950 million A/S.
However, if the company does a buyback and retires those shares with the money garnered from the sale of assets and the $650,000 they claimed to have at the end of last quarter, this could have a huge impact on the stock. Add to that some closed deals (low hanging fruit) that Canden and our accountant claim to be on the cusp of fruition and we have the possibility of a winner in Monarc as well. It is all up to management and how they want to play it. Will they play for success or bleed the shareholders for all we are worth. Time (as usual) will tell.
GO EFGO GO!!!
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