Replies to post #11368 on Cherubim Interests Inc (CHIT)

[FunkyCoolModena]

0.0000013333333333/share now factoring 30,000-to-1 R/S
I believe.

Craziest thing about that ???? I believe there's billions more shares authorized that haven't been issued yet..

Transfer Agent
Pacific Stock Transfer
Tel: [phone]
Toll-Free: (800) 785-PSTC
http://www.pacificstocktransfer.com/contact/

ROFLMAO !!!!!!!!



So I wonder what's going to happen to this stock price when they start issuing more stocks.


in my opinion,
SIGNIFICANT DILUTION CAN SIGNIFICANTLY DECREASE A STOCK'S PRICE


But hey what do I know. I've only been here on this board since last year watching/reading some crazy CHIT !!!




GLTA ~~~~




and remember....

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.

According to last 10-K I believe:
http://ih.advfn.com/p.php?pid=nmona&article=71126328