I don't call cashing warrants dilution, but clearly this was more than warrants, this was 20X OS... if we ever do that again it will go to $100. It should have gone to $30 today.
People want to blame flippers, naked shorts, etc. Really?? 20X from weak hands? How does anyone believe that?
I will ALWAYS prefer the truth. If the company diluted 100 million shares, then they made a lot of money today. Of course that's not what happened, but we should know.
This is only the first of many PRs to come, pent up after 11 months, many things depend on proper decision making. I should have made over a million $ on this stock today, but I didn't, I don't want to think it's from dilution.
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