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Message: Re: Reverse Splits

Mar 12, 2021 11:08AM

Mar 12, 2021 12:36PM

Mar 12, 2021 03:45PM
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Mar 12, 2021 04:07PM
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Mar 14, 2021 07:33PM

Mar 14, 2021 10:35PM

I don't know if this logic applies- but- after the RS, just like everyone has 1/500ths the shares, everyone has 1/500ths the votes. But since the RS applies to everyone, the ratio of everyone's votes to everyone else's remains the same.

But the question arises- what about the supershares? Each tranch of 200 "supervotes" would be based on 1/500ths fewer "base" votes. And so there should be a proportional reduction. But- I think- not really- since each of those 1/500ths fewer base votes is still multiplied by an uncorrected factor of 200.  Has that 200x multiplier also been reduced by a factor of 500- then equaling 2/5's an extra vote? If not- then that multiplier is wildly out of proportion- giving the BOD, although fewer total votes, a vastly greater proportion of the total votes and thus even more power.

Please feel free to correct me if my logic and/or math is incorrect. But seems that those 200 extra votes for each regular BOD vote has become way out proportion- even more so than before.

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Mar 15, 2021 06:53PM
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Mar 15, 2021 11:37PM
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Mar 16, 2021 02:04AM

Mar 16, 2021 02:19AM
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Mar 17, 2021 12:24PM

AAD
Mar 17, 2021 01:46PM

Mar 17, 2021 03:26PM
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Mar 17, 2021 03:39PM
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Mar 17, 2021 04:30PM
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