"Personally I am against a RS, however I am also a realist over 300mill shares out is huge, would they be in a better position at 30mill isn't the issue. Snug showed you what a chart shows whether it's 300mill or 30 mill the math is the same. Here's the crux of the issue will the stock have legs at 30mill, or will we see a short euphoria followed by a drop and then another PP at an even lower price or will it be a continued climb, and there's the dilemma for all long shareholders"
Joe; the above paragraph says it all. The math is not the same. Today, and going forward, a share price of .03 is where it is. They apparently have a PP in hand, and whether there is a RS or not will not be the deciding factor on this PP. So if we assume the PP is a fact, we have money to do what we intend over the next few months. If we start to hit, as is FWR and NOT, then we can expect that SP to increase. If we don't hit then the SP will drop, but to where? We could easily go as low as .02 or even .015 worst case.
Now look at a 10/1 RS. We are at .30, have the PP in hand and are drilling. If we hit, the SP will increase same as above. If we don't hit where will the SP go to?
Right on, .02 or even .015.
nuff said.
K