InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,985.38
(
0.02%
)
US TECH 100
20,502.40
(
0.06%
)
Dow Jones
43,958.19
(
0.00%
)
Brent Oil
72.51
(
0.89%
)
Bitcoin
91,184.66
(
0.68%
)
Post# of 64600
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

PinkyKing10

Send PM Follow Ignore
Followers 16
Posts 1361
Boards Moderated 0
Alias Born 12/02/2010

PinkyKing10

Re: jaconow post# 19341

Monday, 01/23/2017 7:51:28 PM

Monday, January 23, 2017 7:51:28 PM

Post# of 64600
They have converted debt to over 700,000,000 shares since then, yes. By now the O/S might even be making a run at 1B shares. If the next Quarterly doesn't show anything but the converted debt, I don't see this doing much. If sales & revenues don't start showing up this thing is headed for more dilution to keep the business afloat followed by another reverse split. I'm not being negative, but businesses who survive by selling shares don't often turn into legit winning stocks.


IMHO
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
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up