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Re: MarcusAralius post# 28061

Friday, 08/16/2019 9:35:15 AM

Friday, August 16, 2019 9:35:15 AM

Post# of 63455
So why havent you been slapping the ask? The company is not doing a buyback, thats ridiculous to even imply. They have diluted 145 million shares this year alone to raise funds (this number does not include S800 or PathUX restriced shares that were issued. Also, don't blame discover either, they only converted $77k last quarter). Not to mention the fact that they have little cash on hand to do a buyback at the moment. Its a cop out to blame retail selling when the vast majority of shares sold during the collapse were coming from the company. The capital raising was needed, granted, but it could have been managed in a way that did not cause a 99% collapse in SP.
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