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Posted On: 07/03/2024 9:19:38 AM
Post# of 13049
Re: Wallstreet1234 #9525
ROFLMAO!
Before the RS the company it was at the at the discretion of the company.to raise the AS to Trillion if they so chose.
So please stop with this apocalyptic nonsense.
Since we are speculating
"Even if the company dilutes/uses a mere 1% of the authorized it would total 10m shares. And you don’t think the current shareholders holding 262k shares would be painfully diluted by a mere 1% of the authorized totaling 10m" and if that lead to 500 million dollars a year in sales and the stock rose to 100 plus dollar a share a think a lot would be very happy.
Before the RS the company it was at the at the discretion of the company.to raise the AS to Trillion if they so chose.
Quote:
The authorized share count is 1 billion shares. This leaves
999.7 million shares to use at the discretion of the company.
So please stop with this apocalyptic nonsense.
Since we are speculating
"Even if the company dilutes/uses a mere 1% of the authorized it would total 10m shares. And you don’t think the current shareholders holding 262k shares would be painfully diluted by a mere 1% of the authorized totaling 10m" and if that lead to 500 million dollars a year in sales and the stock rose to 100 plus dollar a share a think a lot would be very happy.
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