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justinbailey

06/08/17 8:20 PM

#104978 RE: mrf8714 #104975

So purchase acquisition AND 5:1 split?

I guess increasing liquidity is good, but.... anyone know when this goes into effect?

2tommy2

06/08/17 11:20 PM

#104986 RE: mrf8714 #104975

That's CV's work. Hey he gets his shares at .00001 You really don't think he pulled that 1000 to 1 split so he could sell more shares at current prices. He has been selling like crazy he had to double up the A/S. That increase is crazy considering how well Diamond is supposed to be doing. But CV can't help himself he did this before the split. With no warning and he doesn't have to ask share holders for permission to sell more shares. Just wait till he doubles the A/S again. He has priors :) IMO

dorismd2001

06/09/17 2:39 AM

#104991 RE: mrf8714 #104975

The increase of outstanding shares is associated with the final acquisition of Diamond CBD on March 3, 2017.

437M (300 + 137) shares added are restricted and owned by insiders (the owners of Diamond CBD), which is 76% of O/S.

That's reasonable increase.

This is very bullish since investors and insiders are in the same boat. Insiders will definitely do everything possible to make pps attractive!