So this company had 5.4 in the float. Now has 44m Unrestricted as of 4/03. Transfer Agent Verified. So thats 39m share increase since 6/2019. Thats a little over 4m shares a month issued.
Is that a lot of dilution?
And yes i am a greenhorn, so before people beat me up, its an honest question. Im new to this i only own 2 stocks. But im learning and reading alot. All these boards scream dilution, dilution, dilution... 4m shares a month doesn't seem like its that much, am i wrong? Can someone elaborate. I read a post saying old Management has millions of shares offshore, wouldn't the transfer agent know about these shares? Or can shares really be hidden like that?. ..i get it for a the professionals that think i ask stupid ?s. But how else does one learn, the books i read and yes i have trading for dummies.. really dont mention any of the things i read here, and people tell me otcmarkets are totally different...
So with all that said, im up on my measly 650 dollar investment.
i work at an auto parts store and an far from rich.
But im up. So im happy..
But really can a company dilute without the transfer agent knowing?
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