How on earth are they going to bring in their own wealth without dilution?
If they give cash to the company, and that money is lost, they've just lost their own cash. And if the value goes up, they get nothing in return. Does that make sense to you?
If principals are injecting their own cash into a company, you better know that they're going to get shares in return.
Those cash flows = DILUTION.
They do not have the products to sell to raise cash. They sold $225 worth of thermometers LAST YEAR.
Klug bought shares in the company himself already. He's obviously not going to just give cash to IDNG for free. That's preposterous.
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.