Vivos Inc (RDGL)

[retiredanalyst]

I am extremely negative on RDGL stock and I will explain. First, there is an incredible amount of organic equity dilution due to the huge amount of new common share issuance in RDGL.

Consider, on March 28, 2018 RDGL had 71,447,213 common shares outstanding.

By August 16th, 2018 RDGL had 373,927,406 common shares outstanding, a 523% increase in new RDGL common shares issued and outstanding in just about 4 1/2 months.

The second reason for my negative opinion is that Net Losses are accelerating quickly. Consider the reported Net Losses by RDGL for the first 6 months of 2017 vs the first 6 months of 2018.

First 6 months of 2017 Net Loss ($1,935,560)

First 6 months of 2018 Net Loss ($6,913,155)

The financial trends above are not good.

RDGL's Net losses for the first 6 months of 2018 have increased by 357% compared to last year.

Because of the huge increases in the new share issuance, and Net losses that are 357% larger, I would advise traders to sell soon. Massive common equity dilution coupled with huge increases in Net losses is a lethal combination for common equity.

RDGL's own reported numbers tell the story better than any penny promoter nonsense.