REDG. Last year, the pps did suffer from dilution
Post# of 1674
Posted On: 06/09/2015 1:06:51 PM
REDG. Last year, the pps did suffer from dilution from convertible notes - particularly after the 2nd run to over .02 - when the pps stagnated in the .0030-.0045 range. Thereafter, a lot of people gave up on it and it gradually dropped to a low of around .0008 during year-end tax sell-off time. The CEO stated in mid-2014 that there would be no more new convertible notes, and he appears to be delivering on this.
The CEO invested a large sum himself and got further investment from You Tube personality "markiplier".
The current notes have not had much of an effect on pps for about 2 months now and there is clear indication that investors who are long are no longer flipper a portion of their portfolio for just 1 or 2 ticks.
The CEO invested a large sum himself and got further investment from You Tube personality "markiplier".
The current notes have not had much of an effect on pps for about 2 months now and there is clear indication that investors who are long are no longer flipper a portion of their portfolio for just 1 or 2 ticks.
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"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
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