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Re: Gladys Thong post# 80570

Wednesday, 04/12/2023 11:13:28 AM

Wednesday, April 12, 2023 11:13:28 AM

Post# of 83054
The main thing to remember on those 34 million shares plus 4 percent year over year for 10 years is it’s not going to the company. It’s coming from the company thru dilution to those individuals that manage the company. The company itself gets nothing. IMO, they have managed to turn the company into their own private bank thru dilution at the cost of the shareholders.

Another thing to remember, those shares once released will be out there, they will be in somebody’s account somewhere {company doesn’t do buybacks} rotating between buyer and seller while being diluted 20 percent a year. All IMO.
Bearish
Bearish