Friday, June 09, 2017 2:39:42 AM
The increase of outstanding shares is associated with the final acquisition of Diamond CBD on March 3, 2017.
437M (300 + 137) shares added are restricted and owned by insiders (the owners of Diamond CBD), which is 76% of O/S.
That's reasonable increase.
This is very bullish since investors and insiders are in the same boat. Insiders will definitely do everything possible to make pps attractive!
437M (300 + 137) shares added are restricted and owned by insiders (the owners of Diamond CBD), which is 76% of O/S.
That's reasonable increase.
This is very bullish since investors and insiders are in the same boat. Insiders will definitely do everything possible to make pps attractive!
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