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Re: StockItOut post# 33416

Sunday, 10/14/2018 2:11:51 PM

Sunday, October 14, 2018 2:11:51 PM

Post# of 52224
I don't know why people continue to need to be explained that share distribution/dilution is a straight up fact. Quit arguing with StockItOut that it is not. The writting is on the wall and in the filings. It is ignorant to say anything other than "HMNY needs to, plans to and states very publicly that they will". I don't care if they had 100m on hand, no debt and break even on subs. These guys would continue to distribute equity. Why get financing? That costs interest and you have to pay it back. Even now without a equity distributor they have stated before that they give themselves the right to short their own stock. How else do you think the last 2 days have seen the volume they have? Canaccord was done on Wed. HMNY just stepped in and sold off till they got to .017 then jocked between thousands of a penny the rest of the day. The future R/S has nothing to do with reserve shares. It has to do with them selling shares for bills not pennies.