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tedpeele

10/07/21 9:38 AM

#18735 RE: AlwaysRed #18713

positive comments during dilution is a common practice in order for the market to absorb the dilution, which allows the funding to continue and the company to continue operating. yes, it is at the shareholder expense but shareholders don't HAVE to buy. I have no problem with it as long as the updates are honest and not deceptive. It seems to make good business sense for a financially strapped entity. Not what we wanted here, but that seems to be the best VNUE is able to do at this point. If VNUE succeeds then at some point this kind of financing will be replaced by private placements with longer term holders.

It's just too bad we thought VNUE had the kind of support by deep-pocketed people in the industry to avoid the lend/dilute roller coaster. It appears they just haven't been able to provide enough evidence for those people to be convinced enough to step up yet. Hopefully that is coming soon.