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Alias Born | 03/01/2020 |
Thursday, November 18, 2021 12:31:50 PM
"In case anyone was wondering why MRMD doesn't hold gains, it's because there is a noteholder converting shares and selling them at will. These guys have no patience and will dump into the market whenever the share price starts to appreciate. The current noteholder has some 6 million shares I believe, give or take. With that said, if volume was high each day the noteholder wouldn't matter but since it is NOT. This A-hole will make the stock appear to be dead. These guys are the worst thing imaginable that can happen to an investment and your guess is as good as mine as to why MRMD used dilutive financing. Maybe because they can't borrow from a bank until safe banking act passes. I dunno. Love this company but sooooo sick and tired of noteholders popping up in my investments. They are like a virus that never goes away.
Just substitute the symbol RTON for MRMD.
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