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Beek

11/02/18 1:37 PM

#23483 RE: Beek #23482

From what I can see it looks like they're diluting...horribly.
2017-2018 they added 97,376,476 shares to O/S, from just Mar 18 to Jun 18 they added 263,125,164 shares to O/S. Last report shows 5,524,636,434 shares which only leaves 475,363,566 for them to MAX out their A/S of 6,000,000,000 (billion!) shares.

Real companies at this stage would be staying away from maxing A/S, avoiding R/S's like the plague, reducing/removing debt, and proving profitability without the issuance of shares to avoid looking like nothing more than a share selling mill.

I'd love to be wrong on this, but this needs to rock soon or get dumped.