i agree and i note re,
"Companies are public for one reason, to RAISE FUNDING, and IMO, Bret has not been abusive."
that NNLX has a very low share count for a co its age without as far as we know net revenue yet,though last reported financials had shown a yoy income increase of c 408%
which NNLX has been able to do by being very cost conscious
bashers always bring up the dilution argument- totally ignoring that public co's are public to raise funds-and they ignore once substantial revenue is achieved co's often buy back stock
also bashers mistakenly argue that any issuance of shares is dilution-but on a real world basis that is not true and they always ignore what a co receives in RETURN for stock issuance!
e.g., what is the difference between a co paying its employees in stock vs paying their salaries in cash
if the stock paid is valued for such purpose at or below market value there effectively is no dilution,for the co has improved its value proposition vs paying in cash
bashers rely on ppl's misunderstanding of this
many headaches and additional costs result from being public-the main thing-as Kachingpdx1 says -that a co receives in return is the ability to raise funds -or decrease cash layout-and also avoid toxic debt,as NNLX has done,until net revenue allows stock buy back- once this occurs many penny co's try to reduce their O/S to a range of 175-300 million shares-and NNLX share count is likely already below that range-which is a plus
so bashers demand that co's pay hundreds of thousands of costs over the years to be fully reporting etc and issue constant PR's and conference calls and succumb to demands for a new board etc (all calculated to destroy the company) -all without raising funds either via stock issuance or debt- such demands violate everything we know about the real world
and ignore the value provided by any stock issuance- thus bashers cultivate the impression that ceos' are throwing out fists of stock certificates on daily drunken joyrides
its not necessary for bashers to employ those dishonest tactics, esp as in this market since 2009 they already steal untold millions from longs and win on the great majority of stocks- bc e.g., the vast majority of startups fail-
so there is absolutely no justification for bashers to play those games, as if they are automatically entitled to win every time via an artillery barrage of bullying lies which are designed like a magicians trick to take attention away from a co's progress-esp at a time like this when NNLX has several irons in the fire
"Companies are public for one reason, to RAISE FUNDING, and IMO, Bret has not been abusive."
that NNLX has a very low share count for a co its age without as far as we know net revenue yet,though last reported financials had shown a yoy income increase of c 408%
which NNLX has been able to do by being very cost conscious
bashers always bring up the dilution argument- totally ignoring that public co's are public to raise funds-and they ignore once substantial revenue is achieved co's often buy back stock
also bashers mistakenly argue that any issuance of shares is dilution-but on a real world basis that is not true and they always ignore what a co receives in RETURN for stock issuance!
e.g., what is the difference between a co paying its employees in stock vs paying their salaries in cash
if the stock paid is valued for such purpose at or below market value there effectively is no dilution,for the co has improved its value proposition vs paying in cash
bashers rely on ppl's misunderstanding of this
many headaches and additional costs result from being public-the main thing-as Kachingpdx1 says -that a co receives in return is the ability to raise funds -or decrease cash layout-and also avoid toxic debt,as NNLX has done,until net revenue allows stock buy back- once this occurs many penny co's try to reduce their O/S to a range of 175-300 million shares-and NNLX share count is likely already below that range-which is a plus
so bashers demand that co's pay hundreds of thousands of costs over the years to be fully reporting etc and issue constant PR's and conference calls and succumb to demands for a new board etc (all calculated to destroy the company) -all without raising funds either via stock issuance or debt- such demands violate everything we know about the real world
and ignore the value provided by any stock issuance- thus bashers cultivate the impression that ceos' are throwing out fists of stock certificates on daily drunken joyrides
its not necessary for bashers to employ those dishonest tactics, esp as in this market since 2009 they already steal untold millions from longs and win on the great majority of stocks- bc e.g., the vast majority of startups fail-
so there is absolutely no justification for bashers to play those games, as if they are automatically entitled to win every time via an artillery barrage of bullying lies which are designed like a magicians trick to take attention away from a co's progress-esp at a time like this when NNLX has several irons in the fire
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