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Re: Pugilista post# 83524

Friday, 06/23/2017 8:55:28 PM

Friday, June 23, 2017 8:55:28 PM

Post# of 100660
So, here is a serious question for you. If they have no working capital, how will they obtain it?

Selling more shares at 0.07 cents will lead to massive dilution. In fact, they would have to discount those shares deeply to attract anyone that might be willing to give them funding.

If that's the case why would anyone invest, in the current environment, knowing that they are:

1. Going to have to significantly dilute existing shareholders

2. Eventually, declare a reverse split of the common shares?

"All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident." ~ Arthur Schopenhauer