Home > Boards > Cryptocurrency > Coins > PlusOneCoin (PLUS1USD)

Hard to say, because there's no information offered

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
janice shell Member Profile
Member Level 
Followed By 2,394
Posts 257,500
Boards Moderated 26
Alias Born 04/12/01
160x600 placeholder
janice shell Member Level  Thursday, 07/30/20 02:47:29 PM
Re: A deleted message
Post # of 9009 
Hard to say, because there's no information offered about what's been happening since 31 March. The old notes, some of which have been paid off, aren't particularly large, though there is that nasty 50% discount to market upon conversion.

The company is losing money, and made less in the first three months of this year than in the first three months of 2019. (I don't know whether the COVID outbreak had anything to do with that.) Clearly, the company is struggling, and seems it pays most or all of its expenses with stock or with cash generated from loans.

In the dilution department, it's not as bad as some, but it's not great, either. The company's issued close to 100 million shares so far this year, after all.

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist