InvestorsHub Logo
Followers 37
Posts 3066
Boards Moderated 0
Alias Born 08/23/2011

Re: jacksira post# 32375

Thursday, 11/23/2017 9:56:00 PM

Thursday, November 23, 2017 9:56:00 PM

Post# of 57850
There are two to three other companies in this very space (Beverages) in the microcap OTCQBs. One in fact was also trading as high as $1.40 and tanked all the way down to $0.05 or so. They also had some toxic debt but seemed to have cleared it out and brought in new private investors with a new strategy. Guess where’s it now? That’s right near $0.40. Why? Because of minimal dilution AND increasing sales!! The other two seem to also be turning their ships around but time will tell. The point is that you can raise funds with minimal dilution if your management and board work hard for it. Only the lazy companies look for The easy but TOXIC money but eventually end up in the sub penny world! It’s as basic as that. Go back and read the filings and see where PLSB was trading at when they first announced that they were going to increase the authorized shares to 500 MILLION? Then within a couple months they increased it to 5 BILLION SHARES! That was the beginning of the end. What you’re witnessing now is just the debris from that aftermath crash event!
- SMH
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.