TSXV:EVE.H - Post by User
Comment by
Rpizzleon Jun 02, 2020 4:23pm
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Post# 31103360
RE:RE:REVERSE SPLIT
RE:RE:REVERSE SPLITI'm thinking there is going to be a sh!tty raise coming soon that will dilute this stock to the tune of 100 milllion shares or so. But even with that dilution the outstanding share count would be 387 million with Melinda owning 58 million of those shares leaving the tradable float at 327 million which is not outrageous. Former business partner still has about 18 million shares unless he's been dumping those on the market. Still wouldn't really make sense to do a RS in that scenario . Or they want exposure to larger investors , but they should just execute and let that SP grow organically