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Re: Upside08 post# 44647

Friday, 05/26/2023 1:35:01 PM

Friday, May 26, 2023 1:35:01 PM

Post# of 44690
I read it the same way. I was hanging my hat on the EUA. The O/S is grossly toooooo high for a company that has never made a profit. I've always known the O/S was a major risk. So I can't blame the company. I knew what I was getting into. Even if they manage to get to the NASDAQ I don't see how that will help the investors without some great news. I don't believe that the profits from the ACE drug sales will be enough to make a dent. Manage gets their high salaries and stock options on the back of the common shareholders. I'm afraid that more dilution is inevitable and we'll see yet another R/S. Once they do one, the next one is easy. Just being honest here. It would take some major news either on the FDA front or on the revenue front to turn this around. There is always the chance for great news. But if that were the case, WHY are they preparing us for more dilution per the recent PR. I queried this on the www............

Is an increase in share capital good or bad?

An increase in the total capital stock showing on a company's balance sheet is usually bad news for stockholders because it represents the issuance of additional stock shares, which dilute the value of investors' existing shares.