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Post# of 200688
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Re: Egold post# 142481

Friday, 11/27/2020 5:24:28 PM

Friday, November 27, 2020 5:24:28 PM

Post# of 200688
Egold, to pay off debt Gary made some deals and used shares to pay it off, he raise the o/s by doing that. Now as the 3rd parties are selling those shares into the market, there is selling pressure as more shares are added to the float. Hence, is staying around .02.

Just because it was good for the company to make these deals and has a purpose, doesn’t mean it’s not dilution. Dilution means more shares are added, that’s what happened. Stop parsing words and come back to reality. I’m a long too, but doesn’t mean you have to have your head in the sky.