Replies to post #64707 on The Golden Lounge

[budge]

the way i read it is they are issuing shares to cover the sales. those shares will be delivered as real, diluted shares. there will no longer be a short position to cover.
once all the trades have settled using the issued shares, they r/s all holders into nothing.

[bobkubecka]

They won't buy a single share back. They are going to RS the 9 trillion back down to 3 million. A 30mill for 1 RS JMHO

[iii_john]

I read it to mean after the shares are issued, they will do the reverse split.