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Saturday, 05/09/2020 3:49:32 PM

Saturday, May 09, 2020 3:49:32 PM

Post# of 7424
A huge week for BIO-key sales.

Last week was a huge week for BIO-key sales. The only problem is, it was not product that was sold, it was shares of stock. Once again the BIO-key shareholder got diluted, and new investors reap the rewards and benefits. If the BIO-key sales team could actually sell some product and collect money for it, we wouldn’t have to continuously dilute the stock and screw the long time shareholders.

Yes, and it really is a big F, BIO-key actually did sell $75 million in product to the Nigerians, why in the World that we have to sell stock at rock-bottom prices? If management had to sell shares at that low price, it leaves me very suspect as to whether these orders will ever really materialize. If in fact the orders are real then management is doing nothing more than lining the pockets of their pals.

As a shareholder in several companies, many of them offer their existing shareholders opportunities to increase their investment at attractive prices. You know, they’re supporting this year holders that have been supporting them. The problem with BIO-key is they find a new bunch of new friends and give them the bargains at our expense.

It was once a day that I held 5.4 million shares of the stock and higher values and it is currently trading. Today I’ve been diluted down to about 225,000 shares and still maintain penny stock status.

If these Nigerian orders totaling $75 million are real, please tell us why you had to go out and give the stock away and diluting the rest of us.
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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