InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,567.02
(
0.00%
)
US TECH 100
19,863.92
(
0.09%
)
Dow Jones
39,297.81
(
-0.20%
)
Brent Oil
85.71
(
-0.92%
)
Bitcoin
55,936.62
(
0.16%
)
Post# of 141624
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Stock_Barber

Send PM Follow Ignore
Followers 311
Posts 51875
Boards Moderated 15
Alias Born 08/19/2009

Stock_Barber

Member Level

Re: anunnaki post# 111741

Wednesday, 06/29/2016 5:17:22 PM

Wednesday, June 29, 2016 5:17:22 PM

Post# of 141624
That is factually false... the shares WERE NOT issued to raise money, they were issued to pay down debt!

The share issuance was repayment of a loan that is now paid off! Part of that loan was repaid with shares at various price points that were at a discount to the market price at the time!

The average price paid for those ~98M shares was $.0022, so why should any objective investor focus on just the absolute lowest price that shares were issued at?



Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote
InvestorsHub NewsWire

Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM

Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM

EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM

BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM

NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM

Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM

Start posting your company's news
Only $200 per official company press release!