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Re: tcfib post# 12406

Saturday, 03/27/2021 7:55:53 AM

Saturday, March 27, 2021 7:55:53 AM

Post# of 13669
avinco, what you and JMTco said here is key:

'I believe they will only issues shares for acquisitions, or to raise capital with shares to acquire companies. They will be responsible with the dilution and only dilute if it means the ROI far exceeds the cost.'

Totally agree, dilution for an express purpose, like expansion/acquisition would be fine. But let's see a sales forecast tied to the plans so it can be justified.

'Tony owns 6.5 million shares. Brandy Keen owns 13 million shares.'

Of course, they didn't buy these shares, so when they sell, it's more dilution.

Part of SRNA's problem before Tony, was the granting of options to the executives, who then dumped huge amounts of shares. Remember Stephen Keen dumping all those shares at $.40 a couple years ago? Instant dilution. Did former 'CEO' Chris Bechtel do anything for SRNA besides dump shares?
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