I think the VYGO principals need to understand that once a company does a nasty r/s and yet still retains the high a/s share structure, it becomes a VERY large target for shorting, since history tends to repeat itself and Shorts know this. They also know that virtually no company can increase it's value equally, immediately, and in direct proportion to the new dilution. That's what makes it such a nice target. Vince and company might think the new a/s will provide them with 990M new shares worth approx. .20, but he's got another thing coming. Shorts will take this right back down to a subbie, and the new 990M he thinks he has to work with won't buy him jack squat anymore. Keeping the original a/s is only opening the door to a new set of problems (keeping shorting to a minimal).
The VYGO principals need to look past the company wallet and think realistically.
IMO, the a/s can always be raised at a later date, after the first 1-2 new acquisitions. Then, when a new acquisition presents itself, s/h's won't have a problem with the increase, and Shorts won't have a field day, either. For now, a WISE(!!!) approach would be to start with a 50M a/s (which 5M is the o/s) and acquire from there. A 50M a/s will ensure s/h's that the company is not trying to screw them over, like 99.97% other pinkies do. It'll also prove to the s/h's that the principals do have business savvy and not just a skill at doling out new shares. AND, a 50M a/s will prevent anywhere near the same kind of Shorting that 1B will cause.
He who manages small affairs well, is worthy of larger affairs. Start with 50M a/s, acquire, increase a/s, acquire, and so on. It makes absolutely no sense whatsoever to jump straight to a 1B a/s.
It's like giving a 16 yr the keys to a Maserati. How do we know Vince knows how to drive a publicly traded company with 990M free shares to play with? The company needs to prove they can do well with 50M before they can be trusted with hundreds of millions more, much less a whole billion.
Plain........and simple.
(And FWIW, as is, even a 50M a/s after a 1:200 r/s is virtually no different than just raising the current 1B a/s to 10B. The 1:200 r/s as it stands is equal to increasing the a/s to 200B!)
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