Red Light Holland Corp. C.TRIP

467 Million new shares, not 1.5 Billion as some have claimed

[SamRothstein]

Below is FAQ news release that TRIP just released.  Important highlight:  "Based on Creso Pharma's current capital structure, it is expected that up to 467 million Red Light Holland shares will be issued in connection with the transaction"

https://www.newsfilecorp.com/release/88136

[traderjade]

Thank you Sam. Once again, clear thinking and accurate assessment. Cheers!

[Tdubbbs]

but then do we add the 226M shares of TRIP on to that?...thats a ton of shares...reverse split would happen 100%

[SamRothstein]

Yes we would add the existing TRIP shares to the new 467 Million shares for the new total. And that total does not mean a reverse split would happen 100%.   My guess is they do at least one more deal first, but eventually they will want to right-size the amount of shares oustanding.   And again, a reverse split isn't bad if it is for good reason, namely to rightsize the