Replies to post #89043 on Tytan Holdings Inc (TYTN)

[julesnemo3]

6.5 BILLION is classic Pinkyland. The intent of an authorization as moronic as 6.5 billion is ALWAYS short term money grab by dillution and a resulting crush of commons. This is done at a complete disregard of fiduciary responsibility. It is a short term money grab at the expense of the commons. Control is kept by the owner with the holding of preferred shares. Otherwise in a company that actually had an officer that was accountable to shareholders, that officer would be REMOVED. Nice story. LOL

[Anvil]

WRONG: usually when a R/S is done in Pinkyland and it's a scam group of CEO's or scam company/stock it will only R/S the O/S and keep the A/S in the billions, then do what you've said rinse and repeat adding the A/S into the O/S and restart the selling of shares, backed up with experience, penny players know how the penny market works which is mostly a bunch of BS, but repeating the same topic to convince those that are invested longterm won't do anything.

Maybe if Possum r/s the preferreds as well, it would be more palatable. Afterall, commons own substantially less of the company then they used to.