Posted On: 12/14/2015 2:46:41 PM
Post# of 7775
The more I read about CBD and the forthcoming MMJ/MJ billion dollar sector; the more foolish dilution and this so-called "share selling scheme" sounds. GRCU and Monster Marketing stand to make millions if they implement the company successfully and honestly. Selling 50mm shares here and there at these triple zero/share prices is ludicrous! It amounts to only $20K here and there. The insiders would be better off pumping out PR after PR with forward looking crap and inflating the PPS prior to diluting at much higher prices but GRCU isn't doing that.
In addition I've seen what dilution on the open market looks like. If the insiders wanted to dilute then they would work directly through the transfer agent in which case nobody with L2'S would know better until the quarterly filing. If the shares were being sold/diluted on the open market then the trades would come off in quick successive bursts of 10K, 20K, 50K lots and without the time to show too many buy orders between those sell orders. We would have seen 40mm-50mm consecutive volume days but there aren't enough shares left in the OS to come close to that volume on a consistent basis. I've seen a couple of very large 20mm-25mm odd numbered lots sold over the past weeks which looked like mom and pop retail to me. Probably tax loss write offs. If a company does dilute but it's for capitol reinvestment and adds value to the bottom line then so be it.
In addition I've seen what dilution on the open market looks like. If the insiders wanted to dilute then they would work directly through the transfer agent in which case nobody with L2'S would know better until the quarterly filing. If the shares were being sold/diluted on the open market then the trades would come off in quick successive bursts of 10K, 20K, 50K lots and without the time to show too many buy orders between those sell orders. We would have seen 40mm-50mm consecutive volume days but there aren't enough shares left in the OS to come close to that volume on a consistent basis. I've seen a couple of very large 20mm-25mm odd numbered lots sold over the past weeks which looked like mom and pop retail to me. Probably tax loss write offs. If a company does dilute but it's for capitol reinvestment and adds value to the bottom line then so be it.
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