MrWittman
OPGreenDay
:
Man if they were to dilute after diluting the shit out of it and then doing a reverse split that would be fukt up that wording in that 8k was a little scary they should clarify that. it’s like they don’t care about their investors
100PercentAI
GreenDay
:
Amount of shares available for dilution never changed after RS. They can dilute up to 1.2 billion more shares, any more than that would require shareholder vote.
mikem85
100PercentAI
:
my understanding is yes, they can still dilute but not 1.2 billion as it also would have been affected by rs. It would be 60 mill...IMO
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Jan 23 16:54
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GreenDay : No one wants to hold without having any idea of how many shares are available for dilution.
aggie1981 : shorts?
MrWittman OP GreenDay : Man if they were to dilute after diluting the shit out of it and then doing a reverse split that would be fukt up that wording in that 8k was a little scary they should clarify that. it’s like they don’t care about their investors
Super Noob : Hopefully it will rocket when we least expect it…
100PercentAI GreenDay : Amount of shares available for dilution never changed after RS. They can dilute up to 1.2 billion more shares, any more than that would require shareholder vote.
mikem85 100PercentAI : my understanding is yes, they can still dilute but not 1.2 billion as it also would have been affected by rs. It would be 60 mill...IMO
mikem85 100PercentAI : or a little less like 48mill. not big numbers currently