I have been reading a lot of posts this weekend ab
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Posted On: 08/09/2020 11:30:51 AM
I have been reading a lot of posts this weekend about dilution, toxic financing and short selling including a lot of math. Maybe the MBAs and Lawyers could assess my following summations and correct any fallacious thinking.
Dilution: I don’t understand the concern over selling additional shares. That is how you raise capital. If the roof is leaking, you don’t spend your time putting in carpet or stand idly by doing nothing. If 2 million is need now to reach the end point, you gotta do what you gotta do. Current share stats:
Authorized Shares: 750,000,000 06/12/2020
Outstanding Shares: 79,936,996 06/17/2020
Restricted: 20,305,210 06/12/2020
Unrestricted: 57,917,103 06/12/2020
Note – For me the OTC is like a slum lord. And if all you can afford is to live in the slums, then your only financial option is a payday lender.
Short selling: Why would anyone risk shorting a .40ish stock? The most you can make is .40/share, while the potential lost on an uptick is limitless.
DATE SHORT INTEREST
07/15/2020 284,698
06/30/2020 324,500
06/15/2020 223,933
05/29/2020 255,450
05/15/2020 210,508
04/30/2020 266,105
04/15/2020 241,175
03/31/2020 203,081
Possible solution: NGIO IPO at $5+/share. GNBT sells 5 million NGIO shares leaving 355 million shares. While the GNBT stock is being suppressed at .50, GNBT quietly uses the 25mil NGIO sale to vacuum up 50 million outstanding shares reducing the float to 50 million long term share holders who will appreciate the company for what it will become.
Dilution: I don’t understand the concern over selling additional shares. That is how you raise capital. If the roof is leaking, you don’t spend your time putting in carpet or stand idly by doing nothing. If 2 million is need now to reach the end point, you gotta do what you gotta do. Current share stats:
Authorized Shares: 750,000,000 06/12/2020
Outstanding Shares: 79,936,996 06/17/2020
Restricted: 20,305,210 06/12/2020
Unrestricted: 57,917,103 06/12/2020
Note – For me the OTC is like a slum lord. And if all you can afford is to live in the slums, then your only financial option is a payday lender.
Short selling: Why would anyone risk shorting a .40ish stock? The most you can make is .40/share, while the potential lost on an uptick is limitless.
DATE SHORT INTEREST
07/15/2020 284,698
06/30/2020 324,500
06/15/2020 223,933
05/29/2020 255,450
05/15/2020 210,508
04/30/2020 266,105
04/15/2020 241,175
03/31/2020 203,081
Possible solution: NGIO IPO at $5+/share. GNBT sells 5 million NGIO shares leaving 355 million shares. While the GNBT stock is being suppressed at .50, GNBT quietly uses the 25mil NGIO sale to vacuum up 50 million outstanding shares reducing the float to 50 million long term share holders who will appreciate the company for what it will become.
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