They will issue "only" 4.5 Billion more not 8.5 Billion.
The reverse split will not dilute the equity. It is just so that they can meet one of the NASDAQ requirements.
Type: Posts; User: Siriusowner
They will issue "only" 4.5 Billion more not 8.5 Billion.
The reverse split will not dilute the equity. It is just so that they can meet one of the NASDAQ requirements.
There's 2 choices only, either one is nasty. Whichever you pick is your own choice, just be informed when you do that.
Once the stock gets delisted, it will not be easy for them to get back to the...
I did mention it in one of my original posts. I said that if they did have a reverse split, the damn stock was going to go back to pennies.
Still, getting delisted is a major drawback and a step...