Let's be fair. No big secret that start-up penny companies have to dilute with shares to raise capital to get the company up and running. It's just part of their business plan. They all do it. I really don't think Kevin Q. is raping the company by selling shares!
Better that than toxic financing. I think they are so close, so I'm willing to wait a few months to see what happens. I limit my exposure to these risky companies since more fail than succeed and unfortunately I've lost more money in some than I needed to.
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