Skye Bioscience Inc (SKYE): O/S was 16.27M shares, and after the sec...

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Skye Bioscience Inc (SKYE)

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Re: botlow post# 95

Wednesday, 09/23/2015 2:02:34 PM

Wednesday, September 23, 2015 2:02:34 PM

O/S was 16.27M shares, and after the secondary offering of 14.8M shares new O/S will be 31.07M shares which is 90% dilution unfortunately. Not bashing just stating facts- the fund raising is necessary to keep the company solvent and advance trials. Even 31M is a very low float.

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