InvestorsHub Logo

TXB

Followers 14
Posts 920
Boards Moderated 0
Alias Born 08/25/2020

TXB

Re: theslybat post# 49357

Friday, 03/05/2021 5:35:11 PM

Friday, March 05, 2021 5:35:11 PM

Post# of 58494
At the rate SINFIT is growing, I'm sure it is extremely cash intensive at the moment. They need to be able to keep up with those massive purchase orders and have plenty of inventory on hand. They can barely keep up at the moment, which is a GREAT "problem" to have. So I'm not surprised one bit that they issued so many shares in such a short time. If it helps the company GROW, then it's a net positive. Just wait for the upcoming earning report and you'll see how much growth is happening! Also, they're most likely using those additional A/S shares to acquire more companies, as you stated, this is a net positive! $GTEH