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misanthrope

08/20/14 10:34 PM

#88500 RE: DojiScalper #88499

Personally I see any increase in dilution this time of year as simply due to the fact that for them we just began a new fiscal year. You saw the last moneytv recently was the anniversary of Marani 2.0. I'd expect budgets to get reset, happens in every company after their year end.


Companies reset budgets at the close of the fiscal year, but dilution isn't a part of anyone's budgeting process. MRIB was diluting long before its fiscal year end - the budget cycle is completely irrelevant to selling shares. They sell shares because there isn't any other way to get money for the items you mention, until sales get traction. What does a budget mean to a company with little to no cash? It's negative cash flow and illiquidity all the way, which is why MRIB has been diluting in the first place.

I'd bet they don't have a true budget - they figure out what they think they need, then fill the revenue gap from product with a revenue stream of diluted shares. New fiscal year not a factor. They will dilute until they don't have to do so - or dilute until they fail. So glad it's a 'non issue here'...