If BLLB was dependent on additional funding to survive, they (and we as investors) would be in big trouble--dilutionwise. However, they aren't. While I believe a higher stock price would be helpful to them (to make acquisitions and such), it is not essential at this point.
I'm assuming most things will settle out after the end of the year. If there is additional dilution that will come out in the year end audit. I figure that even if there's been a dilution of 25%, which I don't expect, it would still only mean we have 44 million shares outstanding. I could live with that and would expect the stock to trade up from current levels. Also, I think it's possible the size of the O/S will pretty much stay the same and the size of the float will be increased.
Recent BLLB News
- Epazz, Inc. (OTC Pink: EPAZ) US Navy Collaboration with ZenaDrone • InvestorsHub NewsWire • 11/16/2023 12:32:07 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM