JK1, I read the message (below) you posted on mul
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Posted On: 10/24/2024 12:05:42 PM
JK1, I read the message (below) you posted on multiple boards recently.
The reverse split created roughly 1 billion new shares.
This is quite a stockpile of new shares to potentially use as they deem necessary. I think the potential concern is the possible use of these shares going forward, not so much that they haven’t been used since issuing the reverse earlier this year. How can the company mitigate this potential concern? Thoughts?
"
https://investorshangout.com/post/view?id=6724808
My opinions.
The reverse split created roughly 1 billion new shares.
This is quite a stockpile of new shares to potentially use as they deem necessary. I think the potential concern is the possible use of these shares going forward, not so much that they haven’t been used since issuing the reverse earlier this year. How can the company mitigate this potential concern? Thoughts?
"
Quote:
We completed a 4000-to-1 reverse split and want to reassure everyone that none of the shares have been used. All shares remain intact with no dilution. #ReverseSplit #Shareholders"
$SNPW
https://investorshangout.com/post/view?id=6724808
My opinions.
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