No all the shares that were converted have been converted on or before April 12, it was 58K amount..after that everything has been on hold. I don't there is any dilution happening now. I got email from them. I think some 20K amount was left..but it appears that that is moved to April 2018..based on their 10K. I went through the whole 10-K after their email, just wanted to make sure that there is nothing that I am missing.
I am very wary of dilution scams and wanted to make sure that I covered all corners. My biggest worry in penny stocks is DILUTION even if they have good business and revenue ..I ignore all that and jump into filings..Most OTCBB guys fail to look into that. The BULK of the JUNK is there, if you want to invest, you need to go through all filings =, if you want to trade in charts, then you just buy SELL OFFS and dump on PUMPS..but MJ sector is great place to invest..we are in very early stages. Look at TR*C dilution, pretty pathetic. It is just pump n dump stock. I won't even invest in something like that where company literally doubles OS in few months and now talking about RS..kidding me, those all pump n dump rally plays. This looks more like investment.
I also like least known stocks with less hype..TR*C is nothing but PUMp n DUMP machine..Market cap is already 200 million with that bloated 500 million OS and now it will double by year end if I am correct..Most diluted stock after junk like ERBB, CBIS, HEMP and all that garbage..the pump and dump of 2014 with billions in AS and OS
Let me know if you find something. I am open to all conversations and we all need to look into this before we put hard earned money on these stocks. I normally play pump and dump rallies on many OTCBB, 99% of them are dilution scams, pumped before dilution and then they short the heck out later..those are high volume MOMO stocks, this does not looks like MOMO stock looking at tiny volume
We all should watch this like a hawk if we want to invest in long term, ask hard questions and get into the details, slight hint of dilution and games - I am out..so far after doing lot of DD, looking into filings in detail. I am lot more confident now. I am very skeptical about penny stocks..very very..never invested, one I invested last year turned out to be scam and took TOXIC funding and diluted shareholders into the blackhole of infinite dilution..
It went to 0.135, now at 0.029 something..nothing but dilution..
share your thought..we need to keep this board well informed with questions and solid DD,
good luck
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