LD Holdings, Inc. (fka LDHL)

[bliz82]

This latest PR and especially this paragraph was enough for me to sell the last of my free shares. We only have a 14M O/S but the A/S has already been increased from 100M to 900M! And it says right here in the paragraph that the common stock will be used for general working capital. There is no way this stock can hold up to any selling of shares to generate working capital imo.

From the latest PR today:
In preparation for the future, LD Holdings increased the number of authorized common shares from 100 million to 900 million shares. Currently there are 14,738,128 shares of common stock outstanding and the Company believes that between 2 million and 3 million shares represent the effective float at the present time. The Company plans to prudently use its common stock for both financings, acquisitions and general working capital.