RE:Roll back 10:1 and another BullRun vend in comingwhy would you do a 10-1 roll back what purpose would that serve? In essence, you are saying that the company will roll back 79 million stated outstandings (from sh) to 7.9 million shares. People don't do roll backs unless there is a reason for them to which is either to fend off going under and attracting capital and to raise capital at higher share values to limit the ongoing dilution which will be useless if the company's fundamentals to their offering is not sound and which will inevitably end up reflected in the company failing in the end anyways.
This company does not need to roll back anything as regardless of digesters or something else you need to have a proper plan, figure the dollar amounts needed to start it up and work within that. When companies grow and have need for monies they can either undergo debt or equity financing but because from what i am hearing equity financing doesn't have the burden of extra added payments and is more affordable companies typically dilute their shares to raise the monies unless they are having a good revenue flow through and they can either take on a loan/bridging loan or have a combination of both equity and debt financing--with smaller less capital based companies you will see equity financing until the foundations of revenue flow through comes.
Now let me give you an example of a company where a roll back will be extremely helpful and one that i had been advocating several years ago despite people on the boards not liking what i was saying and that is with eguana tech. When they were sustainable energies they did a roll back which utterly failed because they were dependent on weak partners and they needed time to show and prove their tech. The company since probably was reluctant to do a roll back but times have become different in that since those days when it was stg they have been working with multiple billion dollar companies, what is really hurting them is that their revenue comparative to their share count is atrocious. they have 320 million outstanding shares with about 8-10 possibly 12 million in yearly revenue how on Earth is that going to be worth anything? So what you do is get rid of the share count by 5 but i would suggest 10 given 300 million and then have higher prices to do raises on--this was when their shares were trading at .25 and everyone believed it would hit .50 i was like no way when the revenue offsetting the shares was nowhere close or would justify that--now the shares are back in the shiate hole of .05-.07 when i last checked. Had this company did the darn roll back and showed the revenue that it is this wouldn't be such a problem.
But that is the difference--this company has to grow and do whatever it needs to get that done which will involve diltuing further more than likely. When it has solid foundations to show good enough revenue and you see things proportionate to your outstanding than you think about consolidating on the basis of what you project you will make as well as how much you calculate you will dilute moving forward to achieve that revenue. No point rolling back now will be stupid to do so.
I don't think there will either be a 10-1 rollback or what people are grumbling about the digester business being dead--let's see what the company next says as they have clearly stated they are looking at medical digester options and still following the food waste one until it is stated otherwise this is all just noise and like you are yourself saying rumor!