Posted On: 06/23/2014 4:36:28 PM
Post# of 9964
dilution is okay in some senses if it is used to grow the company, dilution is NOT okay to line the pockets of management. You are right to maintain the company for 6 mos requires money.. and where else can they get it from besides sales?
If it is dilution it only matters how much and hopefully they do it slowly. the RSI is way too low for MRIB it will come back imo.. hopefully CT can give u a better prediction on the chart but look we just got the container, that needed to be paid for, now they supposedly would not need to dilute because the focus must be to sell the product and gain revenues.
we will see with the annual report coming soon or by calling the TA to confirm dilution is going on.. but from the looks of it imo yes..
I would be worried once the vodka is in the stores and in all of our licensed states and does not sell and they dilute further.. hope this helps..
If it is dilution it only matters how much and hopefully they do it slowly. the RSI is way too low for MRIB it will come back imo.. hopefully CT can give u a better prediction on the chart but look we just got the container, that needed to be paid for, now they supposedly would not need to dilute because the focus must be to sell the product and gain revenues.
we will see with the annual report coming soon or by calling the TA to confirm dilution is going on.. but from the looks of it imo yes..
I would be worried once the vodka is in the stores and in all of our licensed states and does not sell and they dilute further.. hope this helps..
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