RE:RE:RE:What's going on here? Where in the world are you getting these numbers from? 1. They never said they are doing a stock split which you are suggesting here and which would make zero sense. 2. Or if you're suggesting that they are going to issue 100/1 in shares then that implies them raising roughly $791m, which is also ridiculous and actually impractical.
Please don't frame a question that implies a value of 1.7 cents. This is both misleading and unethical.
If this is a confusion around what an equity issue is then let me explain. A few times over the next couple years Pinetree will issue new shares in order to raise money. For example, they could issue 1 million shares at $1.70/share and raise $1.7m new capital for Pinetree to use for their new operations. These new shares would dilute the current shareholders by roughly 20% but the hope would be that mangement would be able to use this capital in order to generate more than a 20% Return on Capital.