InvestorsHub Logo
Followers 48
Posts 5535
Boards Moderated 0
Alias Born 01/19/2014

Re: ShondonellaGolf post# 111512

Wednesday, 03/31/2021 2:29:16 PM

Wednesday, March 31, 2021 2:29:16 PM

Post# of 121048

We know there are 126m+ shares issued for dilution.

Shares were Issued for reasons outlined in the Q and related (acquisition of the new co and $ for operating) Is it dilutive? , yes...was the intent FOR dilution?, no. There is value to the co for the acquisition. Verdict is out on that - but for me looks like a smart move.

We know there has only been 15m added to the OS.Leaving 111m+ still left to dilute if note holders choose to do so! There’s nothing that has shown that they won’t dilute and continue!

There is nothing to show that 'they' wont hold either. My point is it is unknown, and could also be a bet on the future value of their holdings. In either case, in my judgement, it is wise to value the co with the full OS...rather than guessing games of shares to market. As I have posted, I assume even more shares to market in time, and factor this in the scenario for yr end of .06ish.


Like I’ve said many times before until management updates us with very substantial news or gets note holders to lock up shares for X amount of time this is going to be stuck for awhile!

I will bet we get some major updates and news following the K (now 04/15). They will not get note holders to lock up shares.

Hence the low volume days and days when there is volume it’s constant selling pressure!

Could be sellers are just...sellers....there is a 700mm+ float..
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent KGKG News