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Sunday, August 30, 2020 11:48:08 AM
1. No stock dilution. Lately every time I'm in a stock and it starts going up the company announces a new stock placement. The CEO has addressed this:
To all shareholders (OTC "IJJP): “No stock dilution” for 3 reasons; 1, transfer agent is on hold, 2, OTC market not current, and 3, the company must book +six months of revenues to even justify a reverse split. Plus, we need a positive consensus among shareholders.
— IJJ Corporation (@IJJCorp) August 20, 2020
IJJ Corporation
@IJJCorp
To all shareholders (OTC "IJJP): “No stock dilution” for 3 reasons; 1, transfer agent is on hold, 2, OTC market not current, and 3, the company must book +six months of revenues to even justify a reverse split. Plus, we need a positive consensus among shareholders.
2. What I DON'T see. A bunch of buys (other than those that bought at $.0039 on Friday) of people that that bought shares higher that are dying to sell as soon as they can break even.
https://www.barchart.com/stocks/quotes/IJJP/interactive-chart
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