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stockyupydowny

08/26/22 11:06 AM

#38630 RE: stockyupydowny #38621

Still waiting for you to prove this is bad dilution lol
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x100xPercent

08/26/22 3:29 PM

#38633 RE: stockyupydowny #38621

You are looking at the dilution the wrong way. This company has diluted INSANELY bad. if you bought shares 1 year ago, your shares were diluted around 1000%. That's AFTER the reverse split. They diluted even more before that. The dilution is so bad it caused the market cap to go down to 600k, that's when the price went down to .0115 in May. But they diluted so much more, that the price is less than that now and the market cap is 300% higher. The dilution is non-stop because they have huge losses from huge expenses, the CEO decides to fund all that loss from the stock. How can a stock price go up when all investors lose their money? It can only pop once in a while artificially and then come back down.

If the market cap goes to where it was just 3 months ago the pps would be about .0025.

So IF dilution stops, we might see .0025. If it continues, could see even lower. And dilution will absolutely continue.