Post by
Bigoldstocktips on May 26, 2020 10:26pm
Reverse split
I doubt they do a 10 to 1 split. That would take Melinda to 8.4 million shares. 30 million outstanding shares. Not many shares to have at that point. If they can someday put it together but I doubt Melinda now. A short squeeze could happen down the road.
Comment by
Burnsmart on May 27, 2020 8:18am
If there is a consilidation then a dillution doesnt that minimize Melindas ownership percentage?
Comment by
Burnsmart on May 27, 2020 8:52am
I dont think it is.....i think it waters down her ownership percentage. If you reduce her share count by a multiple of 10 then add 100,000,000 shares badk in over time that other people will own her ownership percentage goes way down.
Comment by
Spectra7 on May 27, 2020 9:09am
yes burnsmart that is true, but that was not the question. EVERYONES % changes if and when MORE PAPER is sold into the market. If there is a R/S and no additional shares released ....than its simply a mathematical reference change S7
Comment by
Burnsmart on May 27, 2020 9:38am
Agreed it is all relative if no more paper is sold. BUT if the they get into a raise involving dillutions whe is going backwards on her ownership percentage. Something she wont want to do unless she is forced. I am looking at the possible motivation behind this
Comment by
Burnsmart on May 27, 2020 9:41am
I guess what i am saying is because of the reason i stated this is not being considered to raise capital through dillution. In my opinion...unless its a worst case scenario
Comment by
MJVigilante on May 27, 2020 9:23am
for certain. A consolidation does nothing to ownership percentage (or in theory share value/market cap), however any new issue dilutes.
Comment by
SunChild on May 27, 2020 9:32am
The shareholders will be considered for sure with the amount of skin in the game by management. Revenues and orders count. The rest of the noise is a distraction. Hopefully the end of next month things will be clearer. Thank you Bigoldstocktips for having a brain.