Replies to post #23038 on Halberd Corp (HALB)

[EHRjunkie]

It's why you go public right, why else?

And the 41 million (358 -/- 317) shares sold brought in appr. between $1,5 and $2,5 million. Which means the company has a cash pile of some $3,5 - $4,5 million. There's a guy on this board who says they've no cash.......

By the way, take a look at the quarterly report per 10/31/2020, page 9 note 7 about the funding commitment:

https://backend.otcmarkets.com/otcapi/company/financial-report/267013/content

[smallcaptim]

20mm shares sold by the company to bolster cash reserve.
Is that not dilutive financing?



That's why back on 12/23/2020 I posted the following:

"How can there be so much volume and yet the price NEVER moves??? It feels so much like DILUTION."

and then proceeded to get shredded by emotional bag holders.