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Tuesday, January 22, 2019 2:53:49 PM
We are constantly asked if there has been recent dilution.
As the upcoming financials will demonstrate, the company had just under 2 billion shares outstanding for the last several years. No shares were issued during that period until the recent acquisition.
We are constantly asked if there has been recent dilution.
— whitechapelusa (@whitechapelusa) January 22, 2019
As the upcoming financials will demonstrate, the company had just under 2 billion shares outstanding for the last several years. No shares were issued during that period until the recent acquisition.
The acquisition brought the number to just under 2.5 billion. That means less than 25% shares added which makes it an acquisition and not an RTO. As to the question if the company is selling in the open market the answer is no.
The acquisition brought the number to just under 2.5 billion. That means less than 25% shares added which makes it an acquisition and not an RTO. As to the question if the company is selling in the open market the answer is no.
— whitechapelusa (@whitechapelusa) January 22, 2019
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