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
- Form 8-K - Current report • Edgar (US Regulatory) • 05/24/2024 09:22:00 PM
- Applied Digital Issues Unsecured Convertible Debenture to Advance HPC Data Center Project in Ellendale, North Dakota • GlobeNewswire Inc. • 05/24/2024 08:13:45 PM
- Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 05/21/2024 08:22:10 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/21/2024 08:18:13 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 05/17/2024 04:15:11 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/14/2024 12:03:32 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/14/2024 12:00:04 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/13/2024 09:07:36 PM
- Form PRE 14C - Other preliminary information statements • Edgar (US Regulatory) • 05/10/2024 09:11:46 PM
- Applied Digital Announces Upcoming Conference Participation • GlobeNewswire Inc. • 05/08/2024 12:05:10 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/07/2024 09:46:50 PM
- Form SC 13D - General statement of acquisition of beneficial ownership • Edgar (US Regulatory) • 05/07/2024 03:28:05 PM
- Form S-3 - Registration statement under Securities Act of 1933 • Edgar (US Regulatory) • 05/06/2024 09:10:35 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/06/2024 09:07:25 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 05/06/2024 08:50:39 PM
- 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
- U.S. Index Futures Show Mixed Trend Ahead of Key Inflation Data Release, Oil Prices Edge Higher • IH Market News • 04/10/2024 11:15:25 AM
- 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
Avant Technologies Engages Wired4Tech to Evaluate the Performance of Next Generation AI Server Technology • AVAI • May 23, 2024 8:00 AM
Branded Legacy, Inc. Unveils Collaboration with Celebrity Tattoo Artist Kat Tat for New Tattoo Aftercare Product • BLEG • May 22, 2024 8:30 AM
"Defo's Morning Briefing" Set to Debut for "GreenliteTV" • GRNL • May 21, 2024 2:28 PM
North Bay Resources Announces 50/50 JV at Fran Gold Project, British Columbia; Initiates NI 43-101 Resources Estimate and Bulk Sample • NBRI • May 21, 2024 9:07 AM
Greenlite Ventures Inks Deal to Acquire No Limit Technology • GRNL • May 17, 2024 3:00 PM
Music Licensing, Inc. (OTC: SONG) Subsidiary Pro Music Rights Secures Final Judgment of $114,081.30 USD, Demonstrating Strength of Licensing Agreements • SONGD • May 17, 2024 11:00 AM