The $53K (178K -125K) of overdue toxic debt can be
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Posted On: 09/18/2019 9:43:04 AM
The $53K (178K -125K) of overdue toxic debt can be issued anytime whenever the CEO feels like it. Maybe he already issued them on 8/1 so they don’t show up in Q3 filing.
If he did, that would amount to 353 mil shares at 0.00015, 50% discount of current price. Add to that 78 mil shares available in the float, that would amount to 431 mil of available dilution as we speak.
In Q4, the total traded so far is 595 mil. So, if you are timing dilution, don’t because you can’t. If you believe in the company, buy shares. If you don’t, you may want to compete with dilution.
If he did, that would amount to 353 mil shares at 0.00015, 50% discount of current price. Add to that 78 mil shares available in the float, that would amount to 431 mil of available dilution as we speak.
In Q4, the total traded so far is 595 mil. So, if you are timing dilution, don’t because you can’t. If you believe in the company, buy shares. If you don’t, you may want to compete with dilution.
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