It's ALL good entertainment
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.
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.
$ICRD +206% Friday, +2237% 1/Month, 35.8M O/S, No Dilution.
$ICRD up 206% on Friday. 35.8M O/S, No dilution.
Exactly. People think funding by convertible notes is just ay-ok. They don't seem to care about the convertible preferred shares either. They don't even bother to notice that they don't even know how much the company spent to acquire or how they got the cash to do it. Obviously more convertible debt will show up in the next filing.
The company didn't raise A/S to 3B for nothing.
They're making 7 S7's, which won't help shareholders imo. SLNN has diluted and not cared about shareholders/price, why would they start now?
Hmm, that is interesting.
Buying SGBY stock as an investment in the company, is like buying a leveraged oil ETF as an investment in oil.
Say oil was $50 when you invested, 1 year later oil is still $50 but your ETF investment lost 90%.
SGBY the company may grow in size while share price declines at the same time due to toxic financing creating tons of dilution.
Good old VNDM showing up on the ask eod. Don't worry, it's the 'good kind of dilution' on a 'bullish down day', right?
ANY CEO should address rampant dilution. Any possible long & short term growth won't matter to shareholders if they get diluted more than any possible growth that occurs.
Do you refuse to accept just how they paid for that acquisition? Do you know how much they paid for it?
Yep! Coming soon. Would be funny if they pay it off with another convertible note lol. It'll probably go into default and they'll rewrite it for another year or so imo.
I don't disagree..
Wow, $NWBO booming. No mention of it at @bagholderquotes.
The net loss percentage compared to revenue, increased for the 3 months ended 6/30 compared to the 9 months ended 6/30. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=125281877
Yes, I can predict that. Doesn't mean rev won't go up, but I bet it doesn't go up more than Net Loss does, and dilution does.
Because their 10Q says they barely have any cash.
An "emerging growth company" would usually do secondary offerings, not toxic convertible notes.
Will need to eliminate convertible preferred shares and all the convertible notes first. A/S is 3B for a reason.
I-meant:
Yeah, I'm thinking the same way.
I doubt they 'EARN' more than the amount that all the dilution ends up adding to the market cap while the share price doesn't increase.
Well, net-loss $830,968 for $391,978/rev 9/mo-ending 6/30/16, and net-loss $420,864 on only $116,648/rev for 3/mo ending 6/30/16. It doesn't seem they will be able to fund themselves with more convertible notes.
Where does $SGBY get their money to fund operations?
It's wild people think no dilution, but the company is acquiring, when they can just read the last 10Q and see the company didn't have much cash, and if you read the filing you'll see the kind of debt they have are convertible notes that create tons of dilution.
How else would they get cash to acquire businesses? Seemed pretty clear when the A/S was raised to 3B/shares that dilution wasn't stopping, for one reason or another.
Sure, the company may grow in size, mkt/cap, rev and so on, but it won't help the stock if the total share count increases 4X while the company grows at a fraction of that.
Based on the price, 21.5% chance the milestone payment occurs. $28.25/cash plus $49.84 milestone. $39 current price is $10.75 over the cash buyout, about 1/5 of the milestone, = 21.5% chance priced in right now.
10.75/49.84=.215
Or, you can look at it like $10.75 of milestone payments is being priced in.
Wonder if ICRD is about to go up a ton. Seen thin stocks with charts like this skyrocket before. Seems similar.
Why did the O/S go to 780,048,869 a/o yesterday then? Dilution.
Nice, hopefully somebody listened to you but just didn't post.
Oh no, "deceiving" you into reading the actual filings? How horrible.
Lol, where else will they get cash? Convertible notes.
Yeah, $SGBY filings are like witchcraft to them.
The convertible preferred shares aren't great to see either.
http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=11593612
Yep, dilution not going away imo.
Guess you didn't read the last 10Q and see the convertible notes/history of dilution.
With 3B A/S, I'll assume it's dilution, and probably isn't going to stop any time soon.
Wow 6M on the bid.