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Thursday, December 12, 2019 7:36:25 PM
CEI is subject to horrendous dilution. It is a king of dilution. No one should ever buy this stock.
Don't let the 5 million share cap fool anyone. That won't last long as it is expressly contrary to agreements they have signed. If they don't capitulate soon they will be sued, and they will lose.
My guess is they will have 100 million outstanding by the end of Q1 2020.
Sorry, but too many people have been hurt by this stock.
Recent CEIN News
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