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John_Vallay

03/24/22 10:56 AM

#736 RE: Value_Investor #735

I don't mean to sound like a naysayer on TBLT, but the facts are undisputable.

The CEO does not care about the stock price. never has and never will.

He owns less than 2% of the company.

He has constantly diluted the company through these onerous capital raises that are not with investors, rather with traders.

He announces a capital raise
The traders (which are investors, just not investing in TBLT) get the shares at a discount, and they sell the shares immediately. If they do not sell immediately they lock in a hedge by shorting the EXACT amount of shares they received from the capital raise to ensure a 15-20% guaranteed return on the capital they invested in the capital raise.

This ensures the company gets capital but it also ensures dilution because of the structure of the deal.

the CEO does not care because he doesn't have any stock ownership. He makes his money through his $460,000 annual salary and I am sure he expenses many things to the company.

If anyone thinks the stock will go up - I would need to be educated on how why and if it will go up because the due diligence I conducted on this company and based on the facts that i disclosed in this post state otherwise.