Tuesday, November 07, 2017 9:19:29 AM
Perhaps it has something to do with this PR from August:
https://isodiol.com/isodiol-international-inc-announces-25000000-convertible-debenture-financing/
Most penny stocks that I have followed would bury something like this in their filings and we wouldn't know about it for months, or until the damage has already been done. Whereas this company proclaims it to the world in a press release as if it is a good thing.
It is definately NOT a good thing for shareholders. CDs USUALLY result in massive dilution. There is very good reason why CDs (convertible debentures) are called "death spiral financing".
In my opinion, publishing this PR shows an extreme lack of understanding what investors want. It was a major strategic blunder and it is reflected directly in the share price.
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