News Focus
News Focus
Followers 2
Posts 64
Boards Moderated 0
Alias Born 05/21/2017

Re: None

Wednesday, 09/27/2017 1:49:38 PM

Wednesday, September 27, 2017 1:49:38 PM

Post# of 64600
Increasing Authorized Shares isn't automatic dilution.. but sure points to it as those shares eventually make their way into the market. If they time it with actual developments and following the key milestones outlined in the white paper, the pps will climb faster than any dilution.

I hope they address this issue coming up. That being said... that is quite a bit of capital to access if they have the partnerships lined up. They could have just authorized 1 billion more shares but may have had to repeat the process down the road. In my mind, it looks like a long-term move to have access to capital.

It comes down to if they can actually deliver a valuable product or not. I'm hoping.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today