Tuesday, December 05, 2017 2:27:00 PM
THESE deals always destroy current shareholders as the resulting dilution almost always makes shares existent at the time of the funding worthless and the selling as the discounted shares are sold into the market drives the price per share to ZERO...
RMTD engaged in REPEATED LARGE DEATH SPIRAL FUNDINGS which is why their fully diluted shares outstanding rose continuously to HUNDREDS OF BILLIONS OF SHARES AND WHY THE company needed to authorize ANOTHER SEVENTY BILLION SHARES .( go to S.E.C..GOV and look at filings they are all still there and available ) check price history of RMTD IN 2009 AND 2010 and you can see that the large death spiral fundings and conversions drove the price to ZERO ...
THIS IS WHY it is so important to review S.E.C filings before investing in a micro -cap stock ...any discount death spiral fundings are disclosed in filings ..and I.M.H.O. these stocks should be avoided ..
hope this helps...re; RMTD
FEATURED Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • Sep 24, 2024 8:50 AM
FEATURED Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM