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Posted On: 08/09/2023 10:59:23 AM
Post# of 148876
Re: Shelly2626 #136538
yep, you can now buy for under 20 cents a share. unreal.....
I can only assume they are raising more capital right now, and new investors who get shares (and warrants) are getting shares at under .20 + warrants - and selling current public shares. only thing that explains the volume and continued downward pressure that i can think of.
to state the obvious, not great to be raising money at these levels with the dilution.
I can only assume they are raising more capital right now, and new investors who get shares (and warrants) are getting shares at under .20 + warrants - and selling current public shares. only thing that explains the volume and continued downward pressure that i can think of.
to state the obvious, not great to be raising money at these levels with the dilution.
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