Monday, October 15, 2018 9:26:01 AM
My apology to all when I made the post speaking about ”old dilution” versus ”new dilution” with all of the confusion that came from that thought. From what others have forwarded me, some have greatly got things twisted. Some have twisted ”old dilution” to mean or equate to being newly issued shares as of some recent date. That is not the case. If my previous post led to this confusion, then I must apologize to all. Such is not what I meant for an understanding.
First and foremost, the old transfer agent sent the codes over to the new transfer agent over a week ago to start the process of transferring MLHC from their old transfer agent, to their new transfer agent. This can be confirmed by anyone who tries hard enough to get the proof. During this process, no conversions for dilution could have transpired. The transfer process is not going to be complete until sometime early this week per the company tweet this past Friday:
1 of 4 - The company has not, cannot, and has no desire to issue any new convertible shares into the market or any other forms of free trading shares dilutive mechanisms.
— M Line Holdings, Inc. $MLHC (@mlinehc) October 12, 2018
2 of 4 – The company has been in the process of transferring to their new transfer agent for the past 10 days. Today the company confirmed that the transfer should be completed by early next week.
— M Line Holdings, Inc. $MLHC (@mlinehc) October 12, 2018
3 of 4 - Any rumors of dilution are not factual. The market reaction today was from nothing more than retail investors.
— M Line Holdings, Inc. $MLHC (@mlinehc) October 12, 2018
4 of 4 - Our Transfer Agent will be available for investors to confirm that the share structure is consistent per the PR below after confirmation that that transfer has been completed. https://t.co/T6siI7Dbia - #CommittedToShareholderValue $MLHC
— M Line Holdings, Inc. $MLHC (@mlinehc) October 12, 2018
To keep this very simple… any stock that has a float, which is every single stock existing within the market, has such a float because of ”old dilution” that had previously existed at one time or another. That is where the liquidity comes from for us retail investors to be able to have an opportunity to buy any stock that exists to trade on any public market.
The company is not dumping shares. Any old dilution is already factored into the Outstanding Shares (OS) here with MLHC which is as reported in a previous PR below by the company to be under 3.8 billion shares:
https://www.otcmarkets.com/stock/MLHC/news/story?e&id=1191052
To explain what I meant regarding the Market Maker MAXM… read below:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=144199370
To explain what I meant by… Overhang… read below:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=144212193
v/r
Sterling
Exit Strategy & Etiquette Thoughts for a Stock
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=128822531
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