Replies to post #39648 on Bantek Inc (BANT)

[horst]

The increase in AS to 1.5 caused the stock to drop in April. The convertible debt required this increase to 1.5 shares as a fail safe against default on all the debt. But from March/April stock price levels, full 1.5B share dilution should have brought the stock price to around 2 cents per share. Instead, there was very little dilution immediately following that announcement, yet the stock price tanked to .0045. So it was undervalued then, it's undervalued now, and it would be undervalued if the stock were fully diluted to 1.5B AS.

[DeerBalls]

History of reverse splits and company promises which never come! Stocks which drop 99.8%, over two years, give you the market's opinion that there are real issues!