Can B Corp (CANB)

[Plus9]

Providing they stop diluting their stock, it could be a winner.

When they issue those stocks (max issued this round is 13 million shares), that is how they pay their expenses, most notably, the Board of Directors. Many of these shares are being sold off, they want their money.

When, or if rather, they break even on revenues, that's when I'll buy in, until then, this stock will bleed out. I expect at least one more spread of stock issuance once they drain the current offering dry.

With this many shares being issued, it could dip below .50, just saying.

Volume today: 11,631, price remained flat on a falling wedge. With 4 million shares being flooded into the float pool, price is coming down.

I can see with some sense of assurance they will eventually climb back up to 30+ million shares of common stock.