Smoky Market Foods, Inc. (fka SMKY)

[lucky, mydog]

and the bum had the balls to come on this thread and try to claim that it wasn't toxic. what a con man. what a steaming pile of shit this was;

Hello Bucks, and very well presented. However, I'd like to add a bit of commentary for additional clarity on the concept of "dilution" as it relates to corporate finance and "effective" dilution by company shareholders. To be sure you know, I am the largest shareholder and individual cash investor in SMKY, so my perspective and motivations as CEO remain 100% aligned with yours as a mutual shareholder of the same class of stock.

For all practical purposes, dilution for every company ever existing was and/or remains a required function, while forging its ability to self-capitalize operations from profits and even then, many companies choose financing facilities in lieu of cash depletion that result in the ultimate issuance of stock. So basic fear of dilution and it being a dirty word are merely perspectives derived from negative experiences by misuse and abusive exploitation by CEOs and their boards. And, “habitual” dilution is, too, a subjective perspective, as you must realize that one of the key purposes for a solid concept or viable company to get public is to create negotiable currency in the form of its stock, for which to make acquisitions that grow revenue and enhance shareholder value.

So the active words relative to dilution are “shareholder value” … while mathematical law dictates there will be numerical dilution when stock is issued for a transaction, what’s of most importance to a shareholder is the resulting “effective dilution” that the issuance can/will have on shareholder value. And, this critical aspect is a function of a CEO’s (and the board’s) financial savvy and to a greater extent, motivated individual intentions. Therein lies the element of fear perspective that so very many shareholders have experienced.

You are invested in a public company [SMKY] with nearly 50% of the common shareholder equity being held by executive & board management, and key affiliates, all of whom have individual motivations and intentions 100% aligned with yours...

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