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Wednesday, February 14, 2024 6:13:07 PM
If any of these public companies don't make money, they have to borrow money to keep the doors open. And if they don't make money to pay the loans back, they repay in shares. That's how the AS/OS grows so large. It is not until they go insolvent, or are purchased, or they actually begin to make money that things change. Most of them never make money, and thus just keep bloating until one of the above happens. But since we are talking here, at least, about SPZI, they appear to have a road to some profit. And, they have begun lowering the AS, have talked about uplisting, and have talked about a share buyback. That is a reversal of the trend of dilution that most of these companies are in. Not sure you really meant OTCBB, as most of this stuff is OTCPink. Higher tiers have a stock price minimum to meet, or they get delisted - to pink.
Recent SPZI News
- Real Estate Purchase Sending Shares Higher in Heavy Trade • AllPennyStocks.com • 07/18/2024 04:34:00 PM
FEATURED North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • Jul 18, 2024 9:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM
Kona Gold Beverages Reaches Out to Largest Debt Holder for Debt Purchase Negotiation • KGKG • Jul 17, 2024 9:00 AM
Avant Technologies Welcomes Back Former CEO with Eye Toward Future Growth and Expansion • AVAI • Jul 17, 2024 8:00 AM
HealthLynked Expands Telemedicine Nationwide • HLYK • Jul 17, 2024 8:00 AM