Followers | 377 |
Posts | 17270 |
Boards Moderated | 3 |
Alias Born | 03/07/2014 |
Tuesday, August 05, 2014 4:18:04 PM
Take the latest 10-Q filing, PAGE 25 as an example:
In July 2014, the Company issued an aggregate of 2,640,625 shares of its common stock in settlement of notes payable of $32,500."
That's just ONE tiny example and it's 2.6 MILLION shares, "issued" to "someone": there's lines and lines just like it in this 10-Q, the last 10-Q, the 10-K before that. Do the math on those shares "issued" which are now "common shares" out there that can be dumped/sold for a profit.
a) $32,500/ 2,640,625 = .012
That means there's now 2.6 MILLION shares that are "out there" to be sold if wanted, and the person got um for about 1 cent ea (.012).
What happens to the share price on a thinly traded micro cap when over 2 million shares hit the sell side? If that person got those shares at 1 cent or so, they can make 2.5 to 3 times their money if they can sell um in the 2.5 cent to 3 cent range, turning that $32,500 into $75K or maybe close to $100K.
Does one really think they're gonna hold long term, or will they "cash out" and make an easy double or triple on their money? I know what I think.
That's dilution and its reality IMO. Makes total sense.
Kona Gold Beverage, Inc. Updates Multi-Million Dollar Merger and Posts Over $1.2 Million in Q3 Revenues • KGKG • Nov 15, 2024 10:36 AM
HealthLynked Corp. Announces Third Quarter and Year-to-Date 2024 Results with Strategic Restructuring, Third-Party Debt Repayment, and Core Technology Focus • HLYK • Nov 15, 2024 8:00 AM
Alliance Creative Group (ACGX) Releases Q3 2024 Financial and Disclosure Report with an increase of over 100% in Net Income for 1st 9 months of 2024 vs 2023 • ACGX • Nov 14, 2024 8:30 AM
Unitronix Corp. Publishes Its Cryptocurrency Portfolio Strategy • UTRX • Nov 14, 2024 8:05 AM
Avant Technologies and Ainnova Tech Form Joint Venture to Advance Early Disease Detection Using Artificial Intelligence • AVAI • Nov 12, 2024 9:00 AM
Swifty Global Announces Launch of Swifty Sports IE, Expanding Sports Betting and Casino Services in the Irish Market • DRCR • Nov 12, 2024 9:00 AM