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Wednesday, October 06, 2021 10:07:54 AM
If PBYA really wants to do well and wants to be a force, they need to avoid converting notes and increasing shares. Short term it’s killing the stock. You can’t increase the supply of shares tremendously and expect stock price to do well, nope, doesn’t work like that.
Good growth companies pay off debts with cash not by shares. They have to stop following typical OTC path. Give good news and issue new shares in the name of paying off debts.
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