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Alias Born | 10/05/2010 |
Friday, May 26, 2017 11:34:21 AM
Todd Denkin is the COO not the CEO and yes his compensation was high however 58% of his compensation was stock options not actual cash; putting it more in line with shareholder interests.
Yes the O/S has increased from 11m to 31m in two years however 10M of that increase was from conversion of series A Preferred stock during that time.The remaining preferred shares will convert into 11.5m shares of common in the future and should be planned for as well as the 10.4M shares of options/warrants and rights outstanding. Even with these additions the share count is minuscule for the sector.
I have another MJ sector stock awaiting a name/ticker change as well. I really could care less as I am accumulating (same as here) while others are unaware of it; I consider it an even better opportunity since I can accumulate before the herd shows up. When recreational MJ goes legal in NV in July then DIGP may finally get some recognition and I will already have a full position.
However you decide to play this or other MJ sector stocks I wish you all the best,
Knife
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