About this time last year and up until January the OS added roughly a billion shares.
There were board members that stuck by the company claiming there was no way there was dilution.
Before the split the company told us they were reducing the AS. Then they tried to sneak the fact that they were leaving room for a billion more shares. They also voted themselves the ability to dilute and increase shares without having to inform shareholders.
Again, board members stuck by the company. They claimed that the company was going to put out a pr later that reduced the AS and this was a really smart move.
Now we've seen the same rehashed pr for about the 10th time now. No 8k to go along with any of the deals. There's a lawsuit that in no way will affect the company for years at best.
Every pr now states that hybrid has the only non-iso polyurethane. It no longer says only hybrid non-iso. That is not true and I've shown that several times.
Management has shown who they are time and time again. How much money do they need to steal before people stop doubling down on every new wave of dilution?
It's hard to blame the new guys here for claiming that these are basement prices, but it is irresponsible of the people who have been here a while to agree and keep singing the praises of this cash cow shell for the privately held NTI.
GL to everyone here. Instead of watching half of anything you put into this disappear within a week...buy yourself a nice dinner and a handful of lottery tickets. You have about the same chance of making money and you'll at least have a full stomach.
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