The stink continues: Milton C. Ault/Milton Todd Ault IIIOn April 18, 2023, Mr. Ault quietly announced to the SEC that the Ault Alliance, Inc. (the “Company”) will hold its Annual Meeting of stockholders on June 28, 2024, at 12:00 P.M. Eastern Time.
Folks, as mentioned before, the scheme of reverse-split followed by a dilution of the common stock continues. In general, the MILKING INVESTORS scheme.
Mr. Ault is putting to a vote, among other things:
- […To approve an amendment…to effect a reverse stock split of our Common Stock …at any time prior to June 27, 2025…]
- […To approve the Ault Alliance, Inc. 2024 Stock Incentive Plan (the “2024 Plan”)…] AKA stock dilution. The Stock Incentive Plan will dilute the stock by adding 6M shares that will be distributed between the managers of the company.
So, SHORTING THE STOCK LOOKS INTERESTING!