News Focus
News Focus
Followers 201
Posts 17468
Boards Moderated 8
Alias Born 01/29/2018

Re: Neophius post# 36942

Saturday, 02/29/2020 11:26:00 AM

Saturday, February 29, 2020 11:26:00 AM

Post# of 59355
Careclix was not an "infant" when acquired. It was in business, and the due diligence of buyer and seller established a value of $2M. At the time of acquisition, this company had about 103M shares of common stock issued and outstanding, so that made it a 2 cent stock.

I'd heard of the dilution that had occurred, but never looked to see how much. Good lowered...they've doubled the OS... 100M shares sold in at a dime or better...

Not a bad living...

This is now a 1 cent stock, and I'd keep a wary eye out for further dilution.

I swear I’ll never use the phrase “you can’t make this stuff up” ever again after being on the OTC. Apparently you can.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today