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Re: RazorBoy post# 6654

Wednesday, 07/27/2022 5:35:18 PM

Wednesday, July 27, 2022 5:35:18 PM

Post# of 7422
As a shareholder, I too wish him all the success in the world. However, that said, unlike Mr.Z and CEO Mario, Chris likes to print off shares - we are looking at around 350M O/S here based on what they have already announced that have yet to be issued.

How much more will they issue?

You sound like someone with some experience - but for the noobs out there - if the company keeps issuing shares to the max authorized, it does not matter what “balls he is juggling” or what “accomplishments he makes”, the stock price will remain in the toilet.

This stock will become what I call an “Act of God” stock: one that has so many shares outstanding that it takes news of truly epic proportions to get it to move at all….

The company has to issue 20M more restricted to close the iron deal, but they had better pump the breaks on this dilution or we will head to fresh new all time lows, and fast. With the DoE funds and iron deal funds they should have plenty of funds for operations with VERY minimal dilution going forward…

Also not helping, is no letter to shareholders explaining the issuances, announcing the DoE award, giving a timeline to finalize the iron deal - etc…it would help if the company would actually communicate and not rely solely on filings and tweeting absolute garbage about other companies with no context or explanation as to how it impacts AMNL. A little communication would go a long way - but it seems that is way too much to ask, as they are too busy issuing shares….

Following the charts is like driving a car forward while looking in the rear view mirror.