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fza

02/15/24 1:03 PM

#272180 RE: EOT #272178

Great point and makes sense. Thanks for the insight...from an amateur.
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WebSlinger

02/15/24 1:29 PM

#272182 RE: EOT #272178

<< It should be noted that during an extended amount of time, Mr Thompson, instead of adding to the OS and diluting on investor’s. He was selling shares to fund the company through development stages. >>

BS. The Douchebag CEO was doing both - diluting shares and dumping his own shares (that he gave to himself). Shares have been diluted over EVERY year during the past decade. And anyone can see that by comparing annual SEC Form 10-Ks.

Over the years, 100s of MILLIONs of shares have been diluted, and the Douchebag CEO has sold over 200 MILLION shares.
Bearish
Bearish
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igotthemojo

02/15/24 3:03 PM

#272186 RE: EOT #272178

"I’m sure investors would rather pay the interest on the loans when the company starts generating revenue than dilute the crap out of it back then!"

i would rather have kept the calm seas deal...it was far cheaper than when kim was loaning the company money...and yes, there was still dilution when kim was loaning money...he didnt just sell shares he had, he gave himself more shares, sold them and then loaned the money to kblb...

dilution was far better than the kim loans...

and i dont see why we should have been so scared of dilution back then when we ended up diluting hundreds of millions of shares in the yorkville deal...

i am glad we did the yorkville deal...even with the huge dilution...