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Posted On: 02/18/2024 2:05:45 PM
Post# of 13181
You are the only one talking about control. Reference your comments below. Why do you continue to talk about control, my discussion is one about dilution. You need to pick a lane and stay in it.
Suggest you look at what has transpired. Snpw executed a 1 for 4,000 reverse stock split. This nets snpw roughly 999.7 million new shares. I strongly believe the post reverse share count of less than 250k shares will be raised significantly. Why else issue such a huge reverse. Net result will be dilution. It matters not what additional shares wil be used for, dilution is dilution.
I used a max of 49.995% so that Campanella can remain control.
The OS would only have to be raise 244192 shares to give the lend(s) 49.995% of the company
My opinions.
Suggest you look at what has transpired. Snpw executed a 1 for 4,000 reverse stock split. This nets snpw roughly 999.7 million new shares. I strongly believe the post reverse share count of less than 250k shares will be raised significantly. Why else issue such a huge reverse. Net result will be dilution. It matters not what additional shares wil be used for, dilution is dilution.
I used a max of 49.995% so that Campanella can remain control.
The OS would only have to be raise 244192 shares to give the lend(s) 49.995% of the company
Quote:.
My opinions.
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