InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,071.63
(
0.02%
)
US TECH 100
16,868.40
(
-0.79%
)
Dow Jones
38,460.92
(
-0.11%
)
Brent Oil
87.17
(
-0.06%
)
Bitcoin
64,388.16
(
0.17%
)
Post# of 887
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

LouisDesyjr

Send PM Follow Ignore
Followers 48
Posts 2095
Boards Moderated 0
Alias Born 02/08/2011

LouisDesyjr

Re: roger wilco post# 776

Thursday, 07/21/2016 11:58:03 AM

Thursday, July 21, 2016 11:58:03 AM

Post# of 887
Dilution look like is about to happen

I am concerned that the company allegedly several million in cash and no real projects going on, but all of a sudden they need to borrow another $1 million?

Plus there appears to be a provision to convert the loan in preferred shares that convert into common shares.

It looks like the start of a pump and dump routine, especially with the additional problem that it is over one year since any 10Q or 10K reports have been filed.

Louis J. Desy Jr.

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up