Tuesday, June 13, 2023 5:35:30 AM
They have convertible notes payments due that if they don't pay using their cash the notes convert to stock at about a 50% discount to market price which will drive EFSH stock price down to 18 cents a share.
Oh, and what about the prospectus they filed on June 2 to raise $10 million.
Your dividend prediction can not be done just on the above numbers which are real.
But I will add another twist to your dividend dream - Maxim Group is the banker on this $10 million capital raise. Maxim is not bringing in long term investors for this cap raise, they will probably bring in short term funds that will short the stock. EFSH will end up being giving away the farm because more dilution, reverse split and a continuous loss for you.
I see a SHORT position as being the way to go here.
Recent EFSH News
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 06/18/2024 08:44:28 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 06/13/2024 04:15:09 AM
- Form S-1 - General form for registration of securities under the Securities Act of 1933 • Edgar (US Regulatory) • 05/31/2024 09:01:19 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/16/2024 12:49:52 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 08:47:09 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/14/2024 09:08:11 PM
- 1847 Holdings Engages Spartan Capital to Pursue Spinoff or Strategic Transaction for 1847 Cabinets Inc. • InvestorsHub NewsWire • 02/26/2024 02:07:44 PM
- 1847 Announces $1.95 Million Repayment of Convertible Notes • InvestorsHub NewsWire • 02/23/2024 02:22:46 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/15/2024 10:05:41 PM
- Form 424B4 - Prospectus [Rule 424(b)(4)] • Edgar (US Regulatory) • 02/14/2024 10:22:06 PM
- Form 424B4 - Prospectus [Rule 424(b)(4)] • Edgar (US Regulatory) • 02/13/2024 09:30:29 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 02/09/2024 09:06:12 PM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 02/02/2024 10:27:49 PM
- Form S-1 - General form for registration of securities under the Securities Act of 1933 • Edgar (US Regulatory) • 01/24/2024 09:05:50 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 10/27/2023 08:05:06 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/16/2023 09:21:29 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/29/2023 10:09:57 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/25/2023 08:05:21 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/14/2023 08:30:28 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 09/08/2023 08:05:05 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/07/2023 09:07:52 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 09/06/2023 05:09:39 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/05/2023 10:05:18 AM
- 1847 Holdings Announces Successful Restructuring of Promissory Notes to Non-Dilutive Debt Instruments • GlobeNewswire Inc. • 08/31/2023 02:28:48 PM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM