Tuesday, August 22, 2023 3:23:45 PM
Dilution means that the company is dumping shares of stock into the market.
It increases share count and decreases the value of your investment my diminishing your proportional ownership of the company.
As dilution is conducted by the company, through the company officers, they would logically be "insiders" (with no illegal connotation). BUT they do have all of the information concerning the value of the company and its shares.
Thus the insiders in this company, i.e. the company management, with all of the inside information they possess, have determined that their own shares of the company are worth 1/100th of a penny OR LESS. And therefore they are dumping what is an unlimited amount of shares into the market.
Buyer beware.
JMO GLTA
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