Our FloatToo many shares out and if we need to raise $$ to advance our very promising assets then more PP's will follow. How many shares at 3.5 cents will be needed. We could reach 1 1/2 bill shares. By doing a reverse split here, we stand the chance of share price falling? maybe?
But by issuing and allowing conversions to these new class of shares, while leaving the reg. shares to trade freely. I think this tactic slowly takes our reg. shares out of the float. So at some point of time when the A shares are firmly implamented and new funds paid for by these A shares. Guess at a 100 to one if all subscribed now we would have float around 10 mill. or or 50% , or 500 mill kwg and 5 million A shares. Is my math close enough?
R