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Energy 1 Corporation EGOC
(Total Views: 333)
Posted On: 08/22/2022 2:06:37 PM
Post# of 3400
Posted By: Fox2Gekko
Ok,did quite a bit if research to answer my own question from last week.

Obviously I am not an FA, expert, nor di I have lots of experience with stocks. My comments are based on multiple websites and might not be complete or perfectly accurate, nor am I making predictions.

The additional AS has a couple of paths to ne seen as positives as long as there isn't a reverse split. If the company releases the extra AS for equity financing to perform any of the following it would most likely be seen as positive; getting rid of debt, acquiring more companies, building/improving infrastructure and expanding. These are generally seen as positives, especially with a new company wanting to to enhance their P/E sheets and to expand the business.

Here's hoping to all good things coming to we that have waited!













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