CBD Life Sciences Inc (CBDL)

[SooS416]

Some dilution is ok, billions of dilution is not good nor sustainable. And the issued that $100k right at the end of the quarter so they obviously have a need for continued financing to fund operations.

This might be a successful company but not before a reverse split happens as the share count is getting high and there is still a ton of shares that need to be sold once off restriction and plenty more still to convert. I mean take a look at the exhibit they file with their financials showing how many shares still need to be sold outside of the debt that still needs to convert.

https://www.otcmarkets.com/financialReportViewer?symbol=OCSY&id=182644

This is why I knew it was not a good sign when management gagged the TA as it was further evidence of the continued dilution that was going on and they did not want people to be able to get up to date share count info