News Focus
News Focus
Followers 12
Posts 692
Boards Moderated 0
Alias Born 02/15/2017

Re: ThoughtsorNot post# 1867

Thursday, 04/30/2020 10:02:07 PM

Thursday, April 30, 2020 10:02:07 PM

Post# of 11057
If the company was a $1/share I’m sure the float would be much less but when you are a penny a share you have to give up a lot more equity to make things happen. When you have a $250k market cap... and need to raise $250k... you can bet on the OS doubling, $1m, then quadrupling... that’s why whenever a CEO puts in assets and $$$ from his own pocket it’s a bonus because there is no dilution. Shareholders want press releases... those are $500... CEO wants a salary, transfer agent, accountants, auditors, OTCMarkets, office rent... everyone has a hand out and money has to come from somewhere. At the end of the day...Dilution is too be expected and it’s not hundreds of millions yet, but as long as assets are being put in and valuation grows higher and faster than the OS, that’s a plus. I don’t see any toxic financing, but there are bills to be paid and assets cost money. So far so good as we watch this company grow.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y