InvestorsHub Logo
Followers 5
Posts 444
Boards Moderated 0
Alias Born 05/01/2013

Re: justabroker_2000 post# 7066

Tuesday, 09/10/2013 12:05:15 AM

Tuesday, September 10, 2013 12:05:15 AM

Post# of 12651
Unfortunately, that is not how stuff like this works. When a publicly traded company needs to raise its OS to raise capital for any reason--pay debt, operating capital, employee compensation,--it does not trickle new shares out on a weekly basis without notifying the shareholders.

A legitimate increase in the AS or OS should be a sufficient amount to last more than a few days or a week and should announced in an 8-k. A couple of random people updating the information on a message board is shady even if the information is accurate.

By the way, the last update we saw was only last Thursday and the OS has already increased another 4 million shares.

"There are currently 215,575,378 shares outstanding. The company is authorized to issue 1,000,000,000 common shares."

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=91720231
Join InvestorsHub

Join the InvestorsHub Community

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.