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Posted On: 12/27/2022 4:32:57 PM
Post# of 7802
Re: Coat Tail Rider #6966
I said I’m not familiar with it, but I have certainly heard about it.
I’m familiar with companies filing registrations and selling at a fixed price, as well as companies leveraging assets to raise funds.
The dilution via the sale of unending unregistered shares at a discount generally means the company is insolvent and must sell shares just to keep the lights, which is the case here.
I’m familiar with companies filing registrations and selling at a fixed price, as well as companies leveraging assets to raise funds.
The dilution via the sale of unending unregistered shares at a discount generally means the company is insolvent and must sell shares just to keep the lights, which is the case here.
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