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Re: Ognib post# 92364

Thursday, 09/01/2016 7:33:16 AM

Thursday, September 01, 2016 7:33:16 AM

Post# of 109742
It does when VNDM is on the ASK and the company openly admits to converting preferred shares to common. The conference call was very telling. The O/S is now 3.7 billion and Float 3.33 billion. Give it a listen, its comical at best.

A broader definition specifies dilution as any event that reduces an investor's stock price below the initial purchase price

Humm didnt TPAC close down 11.11% yesterday? Why yes they did so it indeed was dilution. The T-Trade was at .0016 or -11.11%

Glad I could clear that up.

Stock dilution is an economic phenomenon resulting from the issue of additional common shares by a company. This increase in the number of shares outstanding can result from a primary market offering (including an initial public offering), employees exercising stock options, or by conversion of convertible bonds, preferred shares or warrants into stock. This dilution can shift fundamental positions of the stock such as ownership percentage, voting control, earnings per share, and the value of individual shares. A broader definition specifies dilution as any event that reduces an investor's stock price below the initial purchase price.

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