InvestorsHub Logo

eZ3

12/11/17 3:55 PM

#14480 RE: JellyDonut #14478

Is VNDM a diluting MM? Because he's been dumping shares for months while only showing 10,000 lots on the ask. That's proof enough for me.

DD claims it's an old note now maturing. Either way, the only proof I need are L2, volume and PPS. The SEC means nothing to me here in sub penny world.

Filings and regulations don't concern me when I see the action we have seen.

Look at the MJ stuff. Federal government declares it illegal yet some states are clearly breaking FEDERAL LAW.

rawman

12/11/17 5:08 PM

#14483 RE: JellyDonut #14478

Just post the link! I posted the SEC law showing they can’t dilute.


NOPE! Your post was exclusive to SEC REGISTERED FORMER "SHELLS" AND RESTRICTED STOCK! EHOS IS NOT REGISTERED WITH THE SEC, NOR A FORMER SHELL! The post has absolutely nothing to do with EHOS!

Also, Rule 144 says nothing about dilution! To think it might have anything to do with measuring dilution is a complete mis-interpretation of the Rule. THERE IS NOT ONE WORD ADDRESSING DILUTION IN THE ENTIRE POST! It ONLY referenced "RESTRICTED" shares, based upon the conditions included Rule 144, Section (i). On the other hand there is nothing in the post related to "unrestricted" shares! BTW...FYI not all the shares that are handed out are classified as "RESTRICTED"!

Most importantly, forgetting everything else, RESTRICTED SHARES ARE DEEMED "OUTSTANDING" SHARES BY FINRA, thus are included in any DILUTION CALCULATION! The dilution calculation is simple!

Take the TOTAL NET ASSET VALUE of the corporation and DIVIDE this amount by the OUTSTANDING SHARE COUNT. The quotient is the value per share or "shareholder value"! If the number of OUTSTANDING SHARES INCREASES and THE ASSET VALUE REMAINS THE SAME, the SHAREHOLDER VALUE (the quotient) DECREASES! WHEN THE SHAREHOLDER VALUE DECREASES, THAT IS BY DEFINITION "DILUTION"!

VERY SIMPLY, THE NUMBER OF EHOS SHARES OUTSTANDING HAS IN FACT SUBSTANTIALLY INCREASED SINCE THE TOTAL WAS LAST REPORTED VIA FORM DEF 14C ON JUNE 26, 2015. AT THAT TIME THE OUTSTANDING COUNT WAS 1,162,706,304. LAST WEEK 2.5 BILLION EHOS SHARES TRADED IN A SINGLE DAY! THERE IS NO INDICATION THE EHOS NET ASSET VALUE HAS INCREASED BY A COMMENSURATE AMOUNT, IF ANYTHING! VIOLA....MAJOR DILUTION!

BTW...the SEC FORM DEF 14C was filed to announce the EHOS Board of Directors had approved a 3000 for 1 REVERSE SPLIT! Fortunately for the shareholders, the REVERSE SPLIT has apparently never been approved by FINRA, thus to-date has yet to take effect!

Glad to help with the tutorial!