Not to burst your bubble, but these MM's have plenty of shares. It's going to take a big push to get past these 2's and once we do ETMM will be sitting at 3 with another 80-150mil shares. This company is not generating enough cash to pay for their Proline acquisition. So they will continue flood us with shares to pay them off monthly.
Can you comment if the company is indeed diluting shares, or was the increase in A/S a preventive measure to a 'hostile' take over of ownership? Yes, the company is issuing shares for debt (mainly Long Side and Jim Light, seller of ProLine) because the company is NOT generating enough cash to pay Long Side and Jim Light with cash...the cash that the company is generating from business/operations is going back into the company.
Italics is a response from Feel IR. Bold is my question
The PGA show is huge information and if Feel Golf can secure some PGA members to use their products. Then we should see lots of good things to come.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.