InvestorsHub Logo
icon url

PennyHoper

12/18/23 9:41 PM

#20008 RE: PennyHoper #20007

About 54 minutes into it, an interesting scenario on how an issuer can screw market makers who short based on an announcement of "Funding" (which means dilution).

The company does 'something' like cancel the funding agreement, which leaves all the market makers who shorted up Excrement's Creek, because the shares to buy back no longer exist. Maybe the issuer instead found a private backer as a source of non-dilutive funding.

Ha ha.