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StocksGoneWild

05/07/19 9:33 PM

#82806 RE: space1230 #82805

Someone take the hammer out of space1230's hand before someone gets hurt. Great post.
$$VYST$$
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tutankhamuns

05/07/19 9:35 PM

#82808 RE: space1230 #82805

I’ve never once seen an increase in A/S that turned out to be beneficial for shareholders. It’s almost always a precursor to dilution...

$VYST
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TenKay

05/07/19 9:42 PM

#82809 RE: space1230 #82805

“Buyback” stories in the OTC can be the gift that keeps on giving...to a point.

And as I have said...it is ridiculous for them to have “bought back” a “small amount” of stock in Q1...

Why?

They diluted the OS over 400 million shares in Q1
They sold four convertible notes for cash in Q1
They raised the AS to 1.5 Billion shares in Q1

Any “buyback” is meaningless in that face of that...so it is simply a pump story.