TSXV:RLV.H - Post by User
Comment by
AlwaysSkepticalon Oct 05, 2021 1:54pm
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Post# 33967835
RE:RE:Shares for debt settlement...................
RE:RE:Shares for debt settlement................... I cannot remember another public company where the CEO has the ability to dilute shareholders without the need for Board approval...with unlimited number of new shares.
Any potential investor should see this as almost certainty of future dilution...which can only reduce value the way RLV does it (to fund a money-losing operation).
Carmine wrote: In this company the dilution of shares is infinite, because you are going to pay with something of zero value ... and when you divide a number by 0 zero the result is infinite ... so the creditors of RLV correspond to infinite shares. .. and the shareholders their investment disappeared into infinity.