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No they dont. They sold it to keep the company running. Thats why it crashed.
Yep its at 397 right now. You own 25% of the current stock you used to own 12 months ago.
Thanks for making me go look at ur 10q. Now its up to 394 million shares outstanding
Number of common shares used to compute n et income (loss) per share:
Basic
238,583,031 86,604,235 200,390,669 72,785,907
Diluted
394,756,737 86,604,235 356,564,375 72,785,907
WHATS THIS THEN. learn to read
In fact the dilution is really worse then 347. Its up to 387 million shares outstanding right now
Thats the shares they issued the last quarter. Yes you add them up.
that would be a huge mistake for me. Im a value investor and theres no value here for me. I dont own a postion in this company.
Common stock, par value $0.0001, per share, 525,000,000 shares authorized; 247,270,412 and 97,325,231 shares issued and issuable at September 30, 2014 and December 31, 2013, respectively
You mean 344000000. 247+97 issued.
Cant argue with people who dont even read there own 10q. im done.
No shares issued yet under .015.
They dont have revenue, How will they get it? selling shares under .015 maybe?
7 million dollars is undervalued when they never have had any revenue and are share diluting? This is headed for a reverse split.
They sold your shares to "private place holders". They took "YOUR" shares and diluted them down. You went from 87 million to 387 million. You only own a 1/4 of your postion now. I dont see how that isnt massive dilution.
Why are the private placeholders selling? becuase the company is going under?
No problem. I dont care if you lose, why would I. Just calling it like I see it. peace.
share dilution. no thanks for me, staying away
explain how the outstading shares have been doubled over december last year to june this year. Raised over 140 million shars.
issuing shares for money. Thats the only way they have money. crazy dilution
I dont know but the accounting looks off. Time to stay away. Hide your wife and kids.
waiting to see if lower oil and gas prices will hurt them. They might be alright but I want to wait.
reverse split coming
when will this crash and burn?
And it still has a market cap over 2 million. I guess it has room to go down
When will this stock crash? HIGH flyyyer.
Yeah and I didnt use the September report so my numbers were off some. Its fair valued here most likely. my bad
diluted earnings of -.72 ttm
your paying 10x revenue, no profit. Yeah real fail
Has good earnings growth but still behind in net gain. They are issuing shares here and there. The moment this company misses it could fall. Its pricey here. It had a good run though this year
I will keep a eye out for this, there are growing slighly. But for now I think its priced in.
market cap is 650000 not 800 but anyways. lets use $50000 net profit. still is 13 p/e. 650000 market cap/$50000 =13 price/earnings. 800000/$50000 =16
You have to use net gain not operating margin.
650000 marketcap / 25000 net gain = 26 p/e. I would say this is pricey now.
This is the worst stock ever. They are issuing shares for money. Thats the only way they have money.
Your paying 20x revenue here, 35 million revenue on 700 million market cap
Best margin was -38% because they sold shares for a net gain of 22%. Most of the time it was in the -200%
average loss of 45-60 milion a year. Declining revenue. Stay away. Hide your kids, hide your wife.
Why does it say delinquent. why did they stop reporting. Looks like a scam
http://www.otcmarkets.com/stock/DEWM/profile
Probably fair valued here. 17.5 p/e on $25000 net gain and $600000 revenue. I wont be a buyer here though.
It did, thats why it lost around the divi today. You wont get paid for a bit tho, I dont know when its paid. I know today was the ex-div date.
Thats beccuase at .94 cents the comapny has a market cap of over 180 million, done of the top of my head. Thats like 180x revenue at 1 million a year in sales which they dont have. even at .24 cents its overvalued. I think we will see more selling in the future And vitacig shares will crash when issued.
I would wait for reported revenue on this one. too much debt, not much revenue.
How fast can it hit 5$. looks like buying ahead of earnings tomorrow.
How low will it go, 0001 with a reverse split?
How fast will apple hit $200. A year? I think its undervalued.
They have a good symbol but a bad name. If it was Animal zoo football league they might be getting some buying. As it is, no revenue and no profit. Cya at .0001 with a reverse split