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Re: Amatuer17 post# 1370

Sunday, 03/05/2017 12:02:06 PM

Sunday, March 05, 2017 12:02:06 PM

Post# of 21574
"Later they can issue new shares in secondary offering and create float. "

If it works, the business plan for insiders would be to get the secondary at preferential terms to sell to retail for a profit. Retail that buys here could be decimated while insiders maintain control and retain the profits from increased market value.

Can't figure how I could benefit as a retail shareholder here. Even if the price did continue to go up. My percentage of the company would continue to be diluted. Under the Anavex ATM model current retail holders will suffer minimum dilution as capital is raised in the future.




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