Hey I got a question (Rocket)...
So Roger picked up this acquisition for 750,000 shares... Is this via dilution I presume? (I don't know... But I'd assume)... If so that was roughly only a 0.15% dilution, not bad... (750,000 shares added if dilution occurred / 488,000,000 previous shares outstanding).
I don't have an issue with the potential dilution, sometimes dilution is good and this would be one of those moments if so...
At best right now we sit between the $0.18 and $0.17 range (maybe $0.19s)... Let's average that out at $0.175 and multiply it by 750,000 = $131,250 paid for this acquisition... Outstanding, especially if it compliments our most massive subsidiary Snakes and Lattes!!! Then this is worth its price!!!
So my question:
Could this acquisition and that potential share dilution be what is holding us back right now from our timely bull run? A bunch of shares added to the outstanding share count throws slack in the price as we were gaining the tension in the line to move up... We saw the timely movement up to $0.19s, but then stalled... I wonder if this is why?
If true, I kind of wish Roger waited a month where our share price would be higher potentially, and it could have meant less dilution and have effected us less so...
All speculation, I don't know any of this to be true... And either way it is savvy aside from perhaps waiting a month... You never know why that wasn't the case, maybe he had a window of opportunity and couldn't wait the month... Who knows...
So I wonder what this means now for our bull run.... Will we still get it? Will it be delayed? Were we right to even anticipate it to even happen in the first place?
Thoughts?
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