Woodbrook Group Holdings Inc (WDBG)

[xZx]

what you say here is false:

Hopefully the company will use the partial proceeds from last week's huge dilution sales to catch up financial filing and issue some good news in the coming days or weeks...

this is the most common misconception in pennyland.

companies don't sell shares directly into the market to raise cash.

they do a deal with a debt holder, months earlier, and get paid the money - then it's the debt holders who sell the stock, MONTHS after the initial transaction, to get paid back.

debt holders are middle men, they get their stock from the transfer agent, according to the stipulations in their contracts. "50% below VWAP" for example.

it's not even legal for a company to sell stock directly into the market. this is the biggest "legal scam" on the OTC. if the regulators allowed companies to do a direct offering of stock, then there would be a much less toxic effect on the pps.

what if companies were forced to put out an 8-K saying "we plan to sell X amount of debt, over period Y" then we shareholders could decide if we wanted to take the risk.

there would at least be some accountability for the price action. as the system is currently designed, a company can always blame the debt holders for ruining their chart.

what a scam, huh?