Home > Boards > US OTC > Cannabis > CBD Denver Inc. (CBDD)

massive dilution confirmed by CBDD CEO

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
PRmaniac Member Profile
 
Followed By 59
Posts 13,491
Boards Moderated 0
Alias Born 08/29/08
160x600 placeholder
PRmaniac   Tuesday, 06/11/19 10:05:20 AM
Re: None
Post # of 150296 
massive dilution confirmed by CBDD CEO

It is disclosed by the CEO in latest financial report.

Massive dilution
The CEO is diluting the company into the ground (just like William Veve was doing) , as common share investors now own far less than 1/3 of the company equity, and this is quickly approaching investors only owning 1/4 of company equity.

Remember - each preferred share issued can be converted to 1,500 common shares.

Number of Shares outstanding as of January 1, 2017
Opening Balance:
Common: 3,903,688,107
Preferred: 5,500,000
Date of Transaction
Transaction type (e.g. new issuance, cancellation, shares returned to treasury)
Number of Shares Issued (or cancelled)
Class of Securities
Value of shares issued ($/per share) at Issuance
Were the shares issued at a discount to market price at the time of issuanc e? (Yes/No)
Individual/ Entity Shares were issued to (entities must have individual with voting / investment control disclosed).
Reason for share issuance (e.g. for cash or debt conversion) OR
Nature of Services Provided (if applicable)
Restricted or Unrestricted as of this filing?
Exemption or
Registration Type?

April 11, 2019 Issuance 27,800 Preferred $0.00001 No Rory Michael Hussey
Cash Restricted Rule 504
April 11, 2019 Issuance 5,500 Preferred $0.00001 No Robert
David Jaffe
Cash Restricted Rule 504
April 11, 2019 Issuance 6,667 Preferred $0.00001 No Nathan
Middleton
Cash Restricted Rule 504
April 11, 2019 Issuance 134,000 Preferred $0.00001 No Otilla
Schroeder
Cash Restricted Rule 504
April 11, 2019 Issuance 6,667 Preferred $0.00001 No Abraham
Beckerman
Cash Restricted Rule 504
April 11, 2019 Issuance 10,000 Preferred $0.00001 No Patrick
Michael
Hanecak
Cash Restricted Rule 504
April 11, 2019 Issuance 16,000 Preferred $0.00001 No Richard
Hamm
Services Restricted Rule 504
April 11, 2019 Issuance 6,000 Preferred $0.00001 No Brice Simon Services Unrestricted Rule 504
April 11, 2019 Issuance 20,000 Preferred $0.00001 No Clément
Labelle
Cash Restricted Rule 504
April 11, 2019 Issuance 20,000 Preferred $0.00001 No Vincent
Labelle
Cash Restricted Rule 504
April 11, 2019 Issuance 13,500 Preferred $0.00001 No Ron Kite Cash Restricted Rule 504
April 11, 2019 Issuance 11,334 Preferred $0.00001 No Søren Traver
Brammer
Danø
Cash Restricted Rule 504
April 11, 2019 Issuance 16,117 Preferred $0.00001 No Morgens
Pohlmann
Dohrenberg
Arnskjold
Cash Restricted Rule 504
April 11, 2019 Issuance 1,133,866 Preferred $0.00001 No Kuno Zabell Cash Restricted Rule 504
Shares
Outstanding on
March 31, 2019:
Ending Balance:
Common: 3,903,688,107
Preferred: 6,900,000

6,900,000 preferred x 1,500 common share/preferred share = 10.35 billion more common shares (dilution)

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences