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Ronin

12/09/15 9:53 AM

#6190 RE: army2014 #6188

Why no 8K on this dilution?

I believe you!

CHIT should file an 8K on this...

Obviously, with all the volume, there has to have been dilution.

http://finance.yahoo.com/q/hp?s=CHIT+Historical+Prices

No way 170MM shares trade like this over several days. The PPS would be $10.00.

So, shares dumped is obvious.

Has it stopped?

No one knows unless the volume says so...

stay tuned...

One thing is for sure, CHIT needs to announce some phat deals soon that generate revs.

Lets see this brilliant business plan in action.

LD
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FunkyCoolModena

12/09/15 9:54 AM

#6192 RE: army2014 #6188

I agree with that. Once dilution is done, this stock's price could run up (..a tick or so), but never copper or zinc especially with that many BILLIONs Outstanding in my opinion.

Sad part, once the dilution is done, huge reverse split will shortly follow in my opinion.

I have seen many times a stock with billions of shares in the float do massive reverse splits.

Here's a recent SEC filing in regards to dilution.

http://www.sec.gov/Archives/edgar/data/1421865/000107878215001127/f10q053115_10q.htm

The continuation of our business is dependent upon us raising additional financial support. The issuance of additional equity securities by us could result in a significant dilution in the equity interests of our current stockholders. Obtaining commercial loans, assuming those loans would be available, will increase our liabilities and future cash commitments.

http://www.sec.gov/Archives/edgar/data/1421865/000107878215001127/f10q053115_10q.htm






Just my opinions here.






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