Wednesday, March 29, 2023 11:21:10 AM
Adding 200 million shares mathematically worsens stockholders' position, but as usual, there are plenty of other factors. Did some know that this news was coming so the price has fallen already? Is it good that adding 200 million shares can maybe be enough to bridge the company through to profitability? Is the stock price oversold because of not being over recent setbacks?
Odds are that the growth of sales will not catch up with overhead, and to me, that's why the price is so low. But, no news to the contrary of BZWR is still functioning and paying their employees, so there is a chance that they could right the ship.
Always be on guard for misleading, deceptive or erroneous messages. I am not an investment professional. My messages are my opinion only, and are subject to change when contrary information is later relied upon. Always do your own research.
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