Friday, June 24, 2016 8:35:06 PM
It's neither theory nor fact - but it is ridiculous. Dilution is a way to get money - but that is not a business model. A business model is the 'why and how' of a company. Its structure, strategy, and operations, sales, marketing, etc., etc. I will grant the following, however: it could be a business model, IF the sole purpose of the company is to sell shares. Is that what BIEL is in the business of doing? Selling shares? Ah, didn't think so.....
It's a way to get cash; if it becomes the only way to get cash, BIEL investors are screwed. Pennyland is filled with companies that have sold nothing but shares - and littered the landscape with disgruntled, and poorer, shareholders. I am not even objecting to BIEL's dilution at this point - but continued, sustained dilution, without results on the actual business model - ultimately and always ends in failure.
Avant Technologies Engages Wired4Tech to Evaluate the Performance of Next Generation AI Server Technology • AVAI • May 23, 2024 8:00 AM
Branded Legacy, Inc. Unveils Collaboration with Celebrity Tattoo Artist Kat Tat for New Tattoo Aftercare Product • BLEG • May 22, 2024 8:30 AM
"Defo's Morning Briefing" Set to Debut for "GreenliteTV" • GRNL • May 21, 2024 2:28 PM
North Bay Resources Announces 50/50 JV at Fran Gold Project, British Columbia; Initiates NI 43-101 Resources Estimate and Bulk Sample • NBRI • May 21, 2024 9:07 AM
Greenlite Ventures Inks Deal to Acquire No Limit Technology • GRNL • May 17, 2024 3:00 PM
Music Licensing, Inc. (OTC: SONG) Subsidiary Pro Music Rights Secures Final Judgment of $114,081.30 USD, Demonstrating Strength of Licensing Agreements • SONGD • May 17, 2024 11:00 AM