C3is Inc (CISS)

[Smilin_B]

This needs to be known by those who still believe that this company will dilute their shares, please look at these charts and filings. Fintel reported that before May, barely any institutions owned this stock, but during May the institutional ownership shot up by 16x and reaching 1.6 million shares which is 27.8% of all shares. These shares are also all longs which means they are in it for a profit.

https://fintel.io/so/us/ciss

Now if you thought that was impressive, check the SEC Edgar database under the SC 13G and SC 13D. In May alone, insiders also bought up over 3.3 million shares which is just over 48% of all shares.

https://www.sec.gov/edgar/browse/?CIK=1951067&owner=exclude

Now why would they dilute it any further and reduce the value of their own shares? I seriously do not understand the argument. They had a great earnings report and are confident in their own stock. Any dilution that may have happened was to purchase a new boat and bring in more profit.

People also bring up IMPP being a sister company because their CEO is involved in CISS but even IMPP has been rising steadily in market cap and price now despite not even having much institutional ownership. I believe most new companies go negative in the beginning and start rapidly increasing in value and profit after the initial funding. CISS should be following the same route and will hopefully regain the market cap and prices it once had.