Asberry 22 Holdings Inc (ASHI)

[bernardsamuel]

Thanks, Tripletail, your explanation makes perfect sense. The intriguing question then becomes who's buying the dumped shares, presumably those who actually do believe that the company has a reasonable shot of turning the corner via increased volume, or might be able somehow to refinance the remaining debt in some non-toxic fashion, or the overall outlook of the entire industry would improve if the FDA regulations get pulled back.

I do remain surprised that the Winthers don't just repay the debt personally, as the amount of the debt is likely less than the decline in the value of their shares via the toxic dilution process.

...and of course welcome to this board, as a bunch of good questions, interesting exchanges of opinions, and words from the front lines of selling vaping products are found here just about all the time (more than either cheerleading or trolling).