Wednesday, April 13, 2022 5:27:47 PM
Guess we'll all be parting ways soon on this one, but I guess I had to punch in the numbers & see how exactly we got the no vaseline treatment from the Hosts with the Mosts.
So as per that last S1/a, and well there's been so many out of the banksters. What they really did was kill us on the issuance, which in turn reduced the value on all the legacy shares [which there were only 1,283,978 after the split. The R/S should have created a 54M Share O/S entity, but they went ahead and issued 45M shares on top of that, for the ole pocket lining & cash printing press.
I suspect the one redeeming aspect of this result [as of now] is that they're only 15% below the true market cap value the R/S alone would have created. But for most legacy holders, we got thick shaft, the 1:6, and a ~85% share dilution. So the damage will only be seen once your shares reset & see you lost 85% just on total value. And now you have a whole lot less shares, so a $1 move is making no one any money here. So the murder scene is developing, as in a few days the 1.2M shares or what's left of retail OTC will likely head for the exits as well...But I'm sure they'll be a party scene in Dallas!! Bottoms Up! Congrats surely in order there for them!
Recent APLD News
- Applied Digital Announces Appointment of Datacenter Industry Expert Todd Gale as Chief Development Officer • GlobeNewswire Inc. • 05/03/2024 12:00:00 PM
- Applied Digital Appoints Ella Benson to Board of Directors • GlobeNewswire Inc. • 04/30/2024 09:16:05 PM
- Applied Digital Reports Fiscal Third Quarter 2024 Results • GlobeNewswire Inc. • 04/11/2024 08:05:00 PM
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- Applied Digital Reschedules Fiscal Third Quarter 2024 Earnings Conference Call to Thursday, April 11, 2024 at 5:00 p.m. Eastern Time • GlobeNewswire Inc. • 04/09/2024 08:33:13 PM
- Applied Digital Issues $50 Million Unsecured Convertible Debenture to Advance HPC Data Center Project in Ellendale, North Dakota • GlobeNewswire Inc. • 04/01/2024 12:05:00 PM
- Applied Digital Sets Fiscal Third Quarter 2024 Earnings Conference Call for Wednesday, April 10, 2024 at 9:00 a.m. Eastern Time • GlobeNewswire Inc. • 03/28/2024 12:05:32 PM
- Applied Digital Among First Cloud Service Providers to Use New NVIDIA Blackwell Platform • GlobeNewswire Inc. • 03/19/2024 12:00:00 PM
- Applied Digital Announces Agreement to Sell Garden City Campus to Marathon Digital Holdings • GlobeNewswire Inc. • 03/15/2024 12:00:00 PM
- Applied Digital Secures Contract with AI Customer, Together AI • GlobeNewswire Inc. • 03/14/2024 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/08/2024 09:11:00 PM
- Applied Digital Provides Update on Anchor Tenant at Ellendale HPC Facility • GlobeNewswire Inc. • 03/08/2024 01:05:15 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/05/2024 10:05:15 PM
- Applied Digital Completes Financing for Jamestown HPC Data Center Campus • GlobeNewswire Inc. • 03/05/2024 01:05:16 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/29/2024 09:44:28 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/26/2024 09:28:00 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 02/26/2024 09:26:53 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/23/2024 10:43:47 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/22/2024 11:11:46 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/22/2024 09:31:26 PM
- Rachel H. Lee Elected to Applied Digital Board of Directors • GlobeNewswire Inc. • 02/22/2024 09:05:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/15/2024 10:25:57 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/14/2024 01:00:11 PM
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- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/09/2024 10:46:33 PM
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ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
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Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM