InvestorsHub Logo
Followers 139
Posts 29808
Boards Moderated 0
Alias Born 02/03/2005

Re: None

Friday, 01/14/2022 11:24:22 PM

Friday, January 14, 2022 11:24:22 PM

Post# of 99742
FROM TODAY'S FILING

"Our Board of Directors’ primary reason for approving and recommending the Authorized Share Increase is to provide additional shares for issuance by the Company to enable the Company to raise additional capital, to complete acquisitions using the Company’s shares for consideration, and to ensure that the Company is in compliance with various loans, warrants and other agreements of the Company which are convertible into shares of Common Stock, wherein the Company covenanted to maintain adequate authorized but unissued shares of Common Stock to enable such conversions.

Could it be that an acquistion, or two, is already in the works?????

If someone tries to convince you to buy a stock they usually have a personal agenda to do so. Not because they are concerned about you making money but about convincing you to buy so they can make money. Same is true for those yelling sell.