Alkaline Water Comp Inc (WTER)

[reformedcpa]

Wow. 3M shares were just issued to insiders. Before all of this, there were fewer than 6M shares outstanding. Now, we have 9M shares bought at 33 cents, 4.5M warrants with a strike price of 50 cents, and these 3M shares given to insiders. That's a total of a 16.5M that could potentially be hitting the market, when the price has been pushed up to $1.50.

I wish investors would read SEC filings more. Sure, there's a lot of legalese, but cases like this one are pretty easy to understand at a high level. Increasing the number of outstanding shares by 275% (without bringing in much funding for those shares, relative to the current share price of $1.50) generally doesn't do wonders for shareholder value. This is a simple case of massive dilution.

https://www.sec.gov/Archives/edgar/data/1532390/000106299316008774/form8k.htm