Roll backs are associated...
with failure and the need to get ride of existing shareholders so new ones can be fleeced. Why would ELW issue so many shares knowing that they will need to be rolled back; it dose not give me a good feeling as it looks like current shareholders are being played.
Given this is a new play they are not rolling back to postpone ultimate collapse due to issuing shares that have become worthless but to appear to be a reasonable company with prospects of value. Can anyone illuminate this rollback scenario with insight.