They could have done a 5-1 split at 70 cents and the price would have been 3.5
Raise there ? 5m shares would have gotten u 17.5m give or take
Instead
Drop the price to 17 cents
Raise 22m shares for a mere 3.75m
Benefit that single shareholder why fkn everyone else
2 views -
Either ur a crook and will sell the company for 1.5-2 dollars and benefit that single investor
Or
No1 wants the company and ur just going from bad decision to the other
Conclusion
Erb has been way out of his depth. Has been lying for the past year. He is blowing bubbles with shareholders money and doesnt have the decency to reply shareholders And explain how sht this has all turned out because of his direction and execution.
SHC Price at posting:
2.5¢ Sentiment: Hold Disclosure: Held
