8 BILLION shares could be an 'albatros' that causes more than a few problems. That is one reason I am so unhappy with Hudson creating this huge share structure for CWIR. It is enough to make anyone concerned. Hudson should answer this question. Here is what I said....
NOW HERE'S A GOOD QUESTION ABOUT DILUTION: If you take a look at today's filing on HerbalFinancialSolutions.com (our partner/affiliate) there is no mention of PREFERRED SHARES.
Yet when you look at the recent filing (last week) for CWIR there are enough PREFERRED to convert to 3 BILLION common shares. So, why the difference? WHY GIVE SO MANY SHARES TO CWIR?
What makes that even more curious is this LOW share structure for ONCO:
Shares Outstanding 200,800,728 a/o May 09, 2012
Float 88,800,728 a/o May 09, 2012
So, why did Hudson INCREASE shares by 6 BILLION (all the way up to 8 billion) in CWIR and leave the affiliates shares alone....when there were so few common? Why not also increase HerbalFinancialSolutions shares"
That makes CWIR lumber along to higher prices when it should have been able to 'glide'. Now you can see one reason for all my questions.