Wednesday, June 03, 2020 6:55:22 AM
Let's take your numbers and assume the Company raises $3 million @ .05 a share, which would mean 60 million new shares equating a 20% dilution.
Is that worth it, I would say yes with new revenue and growth rate of 20% or more would reduce your timeline to a year.
There will be dilution, the question is how much and for what return.
I feel the Company is heading in the right direction and could continue to see the stock raise and reduce the dilution
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM