The question is: How does "knowing" actually "pro
Post# of 41413
Posted On: 10/11/2014 2:31:59 PM
The question is: How does "knowing" actually "protect" you?
If Baltia decides to raise the authorized shares - lets say double them - than your ownership interest in the company is cut in half.
The only way that the "knowledge" of this will "protect" you is if you act upon that knowledge and buy more shares.....in this example you would buy exactly the amount of shares that you already own and double your number of shares while then maintaining the same % ownership as before the new issuance.
So..........you are either a genius (On Monday morning, everyone buy a number of BLTA shares equivalent to 20% of what you own)........or.......well, let's not name call.
Let's refer to it as "mentally challenged"...........because the truth is that "knowing" about something that you have absolutely NO CONTROL OVER is useless unless you take that knowledge and do something about it (like buy 20% more shares).
If Baltia decides to raise the authorized shares - lets say double them - than your ownership interest in the company is cut in half.
The only way that the "knowledge" of this will "protect" you is if you act upon that knowledge and buy more shares.....in this example you would buy exactly the amount of shares that you already own and double your number of shares while then maintaining the same % ownership as before the new issuance.
So..........you are either a genius (On Monday morning, everyone buy a number of BLTA shares equivalent to 20% of what you own)........or.......well, let's not name call.
Let's refer to it as "mentally challenged"...........because the truth is that "knowing" about something that you have absolutely NO CONTROL OVER is useless unless you take that knowledge and do something about it (like buy 20% more shares).
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