Saturday, April 29, 2017 12:43:59 AM
Secondly, even if the restricted (not freely tradable) shares are spilt amongst the execs as Bishop has recently stated, it doesn't have any impact on their ability to dump into the float. Yes it dilutes their stock but so what? When you need money you simply do what you have to do! Also, what about preferred stock? Who owns that?
And this talk about share reduction... How is that supposed to happen??? Are they going to buy back shares? What what money? Or just retire them? Well if you think about it that makes it easier for them to dilute soon after. A LOT of companies play that game. Happens all the time on big board penny stocks :)
Whatever I say here is my own opinion. Invest at your own risk.
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