I recently reviewed the dilution. It is not as ba
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Posted On: 09/18/2019 11:17:08 AM
I recently reviewed the dilution.
It is not as bad as I had imagined.
About 275,000,000 shares from April through August.
Figures in dollars, not shares.
April - $145,000
May - $128,000
June - $140,00
July - $155,000
August - $153000
Considering the company still needs some money from selling shares, I don't think this amount of dilution is that bad, and hopefully will end soon, as revenues increase.
Can't predict the future, but it seems thus far the note holders have been quite patient and have not dumped hundreds of millions of shares that they could have.
It is not as bad as I had imagined.
About 275,000,000 shares from April through August.
Figures in dollars, not shares.
April - $145,000
May - $128,000
June - $140,00
July - $155,000
August - $153000
Considering the company still needs some money from selling shares, I don't think this amount of dilution is that bad, and hopefully will end soon, as revenues increase.
Can't predict the future, but it seems thus far the note holders have been quite patient and have not dumped hundreds of millions of shares that they could have.
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