Post
Topic
Board Securities
Re: [BitFunder] Fenix. Hashing from the ashes of Bakewell.
by
fourd00rgtz
on 06/08/2013, 16:13:32 UTC
Just a question. Are there any "new" shares that would be added to the how many shares are offered or are the conversion from Bakewell shares and Fenix are accounted for in the IPO.

Because if it is the first case, Wouldn't that be a major dilution to the share price? I don't think I would be comfortable with that. Being an investor in Fenix and all.

Please shed light on this. thank you.

6000 Bakewell became 24000 Fenix. Any further share release should it be to raise funds or purchase equipment would have to be put to a vote as per the first few posts in this thread.