OTCPK:JENGQ - Post by User
Post by
HCI_STEELon Jul 08, 2020 10:33am
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Post# 31238953
Massive dilution, 1:33 share exchange,shares worth~10 cents
Massive dilution, 1:33 share exchange,shares worth~10 cents Massive dilution 1:33 share exchange (our existing shares should have been valued at .71*33=$23.43, but new shares priced at 3.412. So we get ~15% of our value yesterday. Don't be fooled by their chart saying we are getting 28.8% of company post dilution.
Someone in mgmt should be going to jail for this swindle and loss of value.
All imo