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woodleighinvestor

10/15/20 6:24 AM

#178563 RE: Coachshot99 #178561

I fear VRUS has significant immediate funding issues.
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Z-trade

10/15/20 7:05 AM

#178566 RE: Coachshot99 #178561

Coach, Mphase management had billions of shares pre split.... The current A/S is 500 million.... They did some shady things with warrants for sure though....
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price_and_volume

10/15/20 8:45 AM

#178586 RE: Coachshot99 #178561

Actually quite a few DO Reverse-Split A/S also

It’s common place to NOT change the AS post split in the OTC because companies typically dilute like crazy immediately after.

But I agree w/ your post - it's absolutely CLEAR what Anhsu's intentions are going forward: Massive additional DILUTION, regardless of how it works out for the company or shareholders.

He just doesn't know any other way unfortunately; His business methods require constant external-financing.

He's unable to grow cash-flow organically because he chases the most-competitive & lowest-margin businesses out there: retail foods & snacks.