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Re: stockyupydowny post# 37282

Friday, 05/06/2022 4:31:57 PM

Friday, May 06, 2022 4:31:57 PM

Post# of 41123
I see, you're talking about the unrestricted shares going up 12 million. You say "only" though... again comparing the number of shares to other stocks. I'm guessing you're comparing to stocks with billions of shares right? This is still worse than some of those because 12 million shares is still about 1,100% increase , diluting shares by over 90%. And they continue to dilute more, next year the O/S will be over 60 million with over 25 million unrestricted shares.

A lot of people compare one stock to the other by share price, one stock costs 1 cent and another costs 1 dollar and maybe they are similar in most respects with revenues and assets and what not but what matters is the share structure. You need to look at dilution by a percentage, not number of shares. 1,100% increase in float every 2 years is not good for any shareholders.
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