Followers | 63 |
Posts | 3189 |
Boards Moderated | 0 |
Alias Born | 02/21/2014 |
Friday, June 23, 2017 8:55:28 PM
Selling more shares at 0.07 cents will lead to massive dilution. In fact, they would have to discount those shares deeply to attract anyone that might be willing to give them funding.
If that's the case why would anyone invest, in the current environment, knowing that they are:
1. Going to have to significantly dilute existing shareholders
2. Eventually, declare a reverse split of the common shares?
"All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident." ~ Arthur Schopenhauer
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM