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Re: MightyBull post# 23297

Thursday, 03/01/2018 7:58:52 PM

Thursday, March 01, 2018 7:58:52 PM

Post# of 99871
Here's some food for thought for all those still holding:
1) Companies go public to raise funds, that's undisputed.
2) There has been relatively a small amount of dilution in recent weeks. Anybody who says there's been a lot is either not being honest, not been watching L2, or are just inexperienced and are re-using the dilution hysteria because they don't know how else to explain it.
3) The thing to ponder is, what are they doing with the money? We saw the re-instatement with the state BEFORE we saw any dilution. So they spent at least 15K dollars to do that. Maybe they need some money to progress their vision/deal? I'm okay with that.
Again, nobody goes public unless they need to raise money. Every time you hear of a IPO, they are going public because they need to raise money.
Not advice, again, just food for thought!
Good Luck to All!
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