interesting, you get inside information directly from the CEO. I'm sure the SEC would love to hear about your "privileged" free talking conversations.
thx smallcap, but I have no interest in engaging with someone who thinks they are important, when in reality they are a flea
that's just about the dumbest defense I've ever heard. So you assume for all companies that their authorized shares are maxed out for your calculations? When I made that assumption you attacked me, funny. GFY
weird, to assume a $20M mkt cap at .01 you have to assume there are 2B shares outstanding. Prove you know there are 2B shares outstanding, there is no proof that the shares are maxed out, another pumper liar.
??????? I'm confused, apparently you think I own toxic debt? jesus, another one here. If you had a brain you'd be dangerous
I don't follow your wheel barrow analogy or your 10 for 100. Again, since you're not too bright, they need the share authorization to get rid of toxic debt. Pretty simple stuff
taking out toxic convertible debt with clean straight debt isn't dilution. You are all clueless, thats why i'll be selling friday. you're all going to destroy the stock
correct but only if it passes. people like highflyer are voting no. if the share increase doesn't pass its game over and the stock will be down 50% the next day. FACT
kiss your 600k shares goodbye then. if the company has no ability to issue new debt that is non toxic it's over. new debt holders will not commit without a share increase. They typically receive an equity kicker in the form of warrants, so if the company has no ability to issue warrants to get clean debt it's over. That's the problem, people like you who have no clue "urging" others to follow the blind
the R/S doesn't matter, the company needs the shares to be able to issue to new clean investors to take out the toxic debt. If the share increase does not go through there will be no shares available to issue to new investors, the toxic debt will kick back in and the stock will be a penny.