Re: LAC SEC Filing
posted on
Sep 27, 2020 07:58AM
As I read this document – it is hard for me to understand… Do they want to increase amount of shares by 500,000,000 ?!!!! That would be terrible for us, I think.
Or company wants to spend $500,000,000 to “make” new shares ?! If the latest is true then it would be approximately over 60 million shares . That’s a huge amount anyway since there are about 90 mil shares of LAC at this point and only approx. 50 mil on a market for trade/investment. That would devalue our shares a lot, unless company is preparing to go into partnership and use those shares in that area… hmm. I need someone to enlighten me on this.