PlusOneCoin (PLUS1USD)

[janice shell]

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.