Thanks a lot TPL for a thorough and well thought post. I agree that a massive SHORT SQUEEZE would be in order. It could even happen as early as next week.
This makes COMPLETE SENSE! I love you dude. I'm glad I brought up this question about 3 hours ago, and that has caused our group of investors to dig into this question and do their DD and answer the question INTELLIGENTLY. If anyone on this board still has QUESTIONS relating to this stock, let's all work together to come to an agreement on the answer. WE NEED TO WORK AS A TEAM HERE LADIES AND GENTLEMAN. WE ARE ALL IN THIS TOGETHER. - Zj
there may be some interesting clues in the filing you noted as you calculated the math on the dilution.
first, about how long the 'mailing' of the information may take. and second, is the future A/S change a certainty?
the last time they had proposed an A/S change, along with the 1 for 100 R/S (which we know was cancelled), the mailing was to take place 12 days after approval.
in our current situation, if it were the same it would be 12 days after may 9th before the mailing would occur, and the 20 day clock starts ticking, which would put us into mid June if the timeline were similar. but interestingly, we know the R/S was cancelled recently, and the mentioned A/S increase to 500m never happened either. even though the language below from that filing makes it sound like it was a certainty:
TPL... You are a WELCOMED presence on this board. I couldn't have said it better myself.
EVERYONE should pay close attention to these words. This is actually worthy of a sticky, but I won't be in front of my computer until this evening. I will do so then, unless another MOD sees this and does so before I do.
Thank you for your time & effort to explain this to the rest of the board.