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Re: Turtle12 post# 57858

Tuesday, 10/22/2013 7:20:28 PM

Tuesday, October 22, 2013 7:20:28 PM

Post# of 79678
Turtle Welcome to the wonderful world of diluted POS pennystocks. Dilution kills everything. Heed the warning here today with MWIP because the same thing is going to happen to all the other pot stocks that are using dilution to finance acquisitions, expansion, growth, salaries, CEO's homes, cars, strippers etc. The shareholders are a way of making this possible. In the end you get a r/s followed by another round of dilution and r/s until the volume drops off and no one will come to the bagholder party. Basically the companies don't give a rats azz about the fact that you are losing huge sums of money.

If you see a stock with an AS of 1 billion expect the OS and Float to be there within 12-24 months followed by a r/s. MWIP at 2.5 bil is a lot of fish swimming and it can't get any traction.

I warned about this last winter and all my post were removed as off topic.

For the most part I find it humorous that people buy in to the crap the CEO's of these companies spew about shareholder value and dilution. They just don't go together.