Demand Brands Inc. (DMAN)

[asiatraveler]

2 big differences in the financials from end 2013. Authorized common up 4 BILLION. Now, nearly 5 BILLION authorized. That means eventually more dilution by the company and more dilution by convertibles. Already 35 million more in the outstanding from year end 2013. Entered into a new convertible note on March 17, which is probably the cause of the big drop since then. Don't assume that this fall the stock will again hit .01. The share structure is very different now and will be even more different come fall. Seems to me the company is headed for a reverse split. They don't seem any different than all the other stinky pinkies. They all increase authorized, dilute, get crushed by convertibles, dilute more and then reverse and start the cycle all over again. Hope I am wrong. Time will tell.