Oliver's press announcement on the 28 May 2018 confirmed that...

Oliver's press announcement on the 28 May 2018 confirmed that 71,125,000 plus 6,375,000 shares were held in escrow until the 21 June 2019, when they will be released to the two directors Jason Gunn and Kathy ?? for payment for them selling their company into a public listed company, "Oliver's Real Food".

Oliver's press announcement on the 22 June (and before in other press releases) confirmed that 142,272,347 shares were on issue following the I.P.O. and today these shares have a market capitalization of $16,361,347 @ 11.5 cents.

Now on the 21 June 2019 the 71,125,000 plus the 6,375,000 will be added to the 142,272,347 shares bringing the total to a total of 219,772,581 shares.

Will the 219,772,581 shares be suddenly worth 11.5 cents each??? and have a market capitalization of $25,273,846 over night?? like Houdini and the rabbit from the hat?? Get it?

Or will the market place say no, the company is still only worth $16,361,347 and now bringing in the extra shares lowers the value per share to 7.44 cents?? on the same pro-rata basis.

I know what I think but what do you think?? and if the share price slides even further from 11.5 cents that may lower the 7.44 cents even lower, would it not??

With less than $3 million dollars cash in the bank at end of June 18 and cash burn of over $3 million dollars last quarter, who wants to ask the directors how much cash is in the bank at the end of August 18? Hands up anyone?

Do you see now why I am deeply concerned?