Posted On: 07/14/2016 2:10:36 AM
Post# of 2009
So the RS went through, at the exact rate discovered some time ago by the "lying bashers @ Ihub", 1 new share for 25.1 old ones.
What's more important is the new AS count.
Hold on to the few remaining straws.... as it's a stunning 499 mln .
http://nvsos.gov/sosentitysearch/corpActions....ENT%2c+INC
Which would compare to a AS of 12.5 bln old shares, up from the 2 bln AS pré-split.
From the 80 mln OS currently, that's some hell of a lot of room to dilute.
One could argue about the reason for the RS, but I would guess it was to make room for new shares to be dumped. Seems pretty obvious to me.
Wasn't there talk from the co back when they threw out some LSH every now and then, that they had no plans for further dilution ?
Meanwhile, no new titles added to UF for months now, and not a peep from management.
Anyway, what's left to loose ?
What's more important is the new AS count.
Hold on to the few remaining straws.... as it's a stunning 499 mln .
http://nvsos.gov/sosentitysearch/corpActions....ENT%2c+INC
Which would compare to a AS of 12.5 bln old shares, up from the 2 bln AS pré-split.
From the 80 mln OS currently, that's some hell of a lot of room to dilute.
One could argue about the reason for the RS, but I would guess it was to make room for new shares to be dumped. Seems pretty obvious to me.
Wasn't there talk from the co back when they threw out some LSH every now and then, that they had no plans for further dilution ?
Meanwhile, no new titles added to UF for months now, and not a peep from management.
Anyway, what's left to loose ?
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