Isn’t that why a company goes public though? To raise money through capital offers? Just like NKLA TSLA CTRM IBIO literally any stock from any sector does - offerings of shares for capital. Share holders are okay with this because it helps the company, in 2019 around 80 mil shares were diluted, Q1 10.6 mil. Q2 0 shares thus far. Comparatively to other ‘growing’ otc companies like TLSS BBRW OZSC OPTI and the list goes on...alpp has diluted practically nothing compared to the billions they have. I’m glad we have a CEO that knows how to refinance debt *cough* looking at TLSS’s billionaire ceo who let 300 mil dilution happen and then raised the a/s again, now 5x alpp’s. ALPP is doing a fine job - even with dilution it’s impossible to argue the company is not undervalued based on ev value alone no? And there has been no dilution since feb 1st, the last time a share diluted! Of course you could bash this stock for refinancing and diluting to its small o/s or go love the other companies with legitamately billions in dilution :)
You can either have a bankrupt otc ticker or dilution - that is how the otc works, they are unable to get normal capital raises from institutions so they have to take out notes. However ALPP hasn’t even taken out any notes since 2019, only notes are for acquisitions which are beneficial long run to the company. But if you look at big boards like most recently UBER or ERI how are they doing their acquisitions??? It IS up to the shareholders to pay, thats why companies go public.
In my honesy opinion the best strategy for ALPP is to consolidate cash for now and wait on acquisitions till Q4 at earliest, not only will a lot of companies be cheap because of the pandemic but they could probably acquire a sizable one with capital and help from their credit lender.
