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Re: pspencer1717 post# 8385

Thursday, 04/28/2016 11:11:31 AM

Thursday, April 28, 2016 11:11:31 AM

Post# of 11293
actually, wrong

the founders have not diluted themselves, because after diluting all other WTER stockholders, they just issue themselves millions upon millions of shares of common stock and convertible preferred shares... Then there is the high compensation to the founders and then there are those "related party" sweet deals

but not surprised

and why is this not surprising?

because this is what scam companies do!




As someone who's started their own company, the last thing the founders want to do is dilute themselves, but sometimes its necessary in order to raise the money necessary to continue operations.

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