May. 22 at 6:00 AM
$TCRT ''At the discretion of the board
1,639,521 shares outstanding after two reverse splits resulting in 1 for 150 previously owned
130,745 shares of which are owned by insiders. Proposal 6 asks to increase this by 1m under the employment incentive program. Current cap is 5m, so they can do this at whatever price they want.
Here's the fun part...
Proposal 4 allows a THIRD REVERSE SPLIT at 1:5-20 at the discretion of the board
Proposal 5 allows a 10:1 SPLIT to increase shares from 5m to 50m at the discretion of the board
Hmm ... wonder what option they will go for first''
https://www.investorvillage.com/smbd.asp?mb=16353&mn=122399&pt=msg&mid=25596325