InvestorsHub Logo
Followers 4
Posts 1169
Boards Moderated 0
Alias Born 04/28/2017

Re: BillJay post# 18505

Thursday, 01/25/2018 6:33:22 PM

Thursday, January 25, 2018 6:33:22 PM

Post# of 31087
Keep telling yourself that. 3 months ago OS was 17.8 million. Now it's 24.5 million. That's about 50% Increase in shares in 3 months. Now they're going to issue 4 million more.Which will make it 28.5 million OS.Or about 65% increase in OS. If plane deal ever goes through( not likely ) that's another 6.7 million shares which will make it 100% DILUTION. Not to mention the non-paying contract which they will have to repay back $750,000 deposit minus damages if they can win. Kinda hard to do when you only have $24,000 in cash on hand as per last 10Q. I don't even want to go into the 77.5 million possible shares converting in April at .08. Doesn't sound manageable to me, what with losing 40% of their revenue per their last 10Q. Share price is showing it's not manageable too.

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.