Followers | 53 |
Posts | 3489 |
Boards Moderated | 0 |
Alias Born | 02/05/2014 |
Monday, January 09, 2017 9:10:30 AM
The thing that I find strange is that you read what I write and see it as negative when I see it as hopeful when I write it.
Screwed? Why would DNAX shareholders be screwed?
Adrian says he does not want to take the path of a typical OTC Pink CO (which would be to reverse split his way out of the current situation). It is obvious that he intends to use the perceived value of the world class energy drinks to sell enough new shares to fund the reboot of the company.
So, Adrian is determined to sell his way out of the situation rather than split his way out.
That means current shareholders are unlikely to have their positions wiped out.
That does not sound like we are screwed to me.
Yes, because of the massively high O/S, shareholders almost certainly will have to wait for actual revenue performance from the company to see the PPS rise. However, if there will be no reverse split, why is that a problem?
You can't wait another year (or two) to get a ROI of 20 or 30 times your investment? Get real.
We have seen Adrian make mistakes as he learns what he needs to learn. Sorry, but that DOES mean that he had to learn on the dime of shareholders. However, he still did not dilute that much...
1,733,000,000 new shares added to O/S under Adrian × $0.0001 = $173,300
It could have been worse... much, much worse.
Glidelogic Corp. Announces Revolutionary AI-Generated Content Copyright Protection Solution • GDLG • Jul 26, 2024 12:30 PM
Southern Silver Files NI43-101 Technical Report for its Updated Preliminary Economic Assessment for the Cerro Las Minitas Project • SSV • Jul 25, 2024 8:00 AM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM