Replies to post #15242 on Cherubim Interests Inc (CHIT)

[FunkyCoolModena]

Wrong. False.

They always diluted since $CHIT's inception in my opinion. Just look at their history.

OTC stocks don't have to issue shares everyday imo. Just because $CHIT didn't increase their outstanding share count every single day does not in any way mean to me they don't dilute all the time imo. Of course there will be days where the outstanding count stays the same I believe. It would be silly to think otherwise imo. But according to the outstanding share counts below, $CHIT has diluted the common $CHITholder just about every month or so it seems to me.

Outstanding Shares 222,229,000 a/o Sep 28, 2016
Outstanding Shares 235,036,550 a/o Oct 25, 2016
Outstanding Shares 246,209,186 a/o Nov 08, 2016
Outstanding Shares 287,165,765 a/o Nov 22, 2016
Outstanding Shares 381,721,575 a/o Dec 06, 2016
Outstanding Shares 620,885,153 a/o Jan 26, 2017
Outstanding Shares 661,289,193 a/o Jan 30, 2017
Outstanding Shares 692,861,137 a/o Feb 16, 2017
Outstanding Shares 712,861,137 a/o Apr 04, 2017
Outstanding Shares 774,861,137 a/o Apr 10, 2017

And now, according to a recent $CHIT 8-K, they appear to me that they will massively dilute again.

"The Company has initially reserved 1,220,000,000 shares of Common Stock to provide for issuances upon full satisfaction of the Settlement Amount."

See, https://ih.advfn.com/p.php?pid=nmona&article=74286971

As I posted before, there is (and has been) significant dilution going on. And as $CHIT stated in their past financial 10-Q:

GOING CONCERN

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.

See, https://ih.advfn.com/p.php?pid=nmona&article=72828968





Non-diluting period????? ROTFLMAO!!!!!!!!!!!!





GLTA $CHITholders!!