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equijohn

05/02/24 6:53 PM

#36746 RE: DrMed #36745

This is their 4th Reverse stock split , and the reason there is no volume , is the stock is $7.50 a share.

And the CEO just converted 62,000 preferred shares to almost 6 million common shares , per the SEC Form 4 Filings.

So yes they will do what they did the previous 3 times , and dilute back down to .0001 and any suckers who buy in the open market will be wiped out.

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equijohn

05/02/24 6:56 PM

#36747 RE: DrMed #36745

Wasn't that also the stated purpose of the last three reverse splits as well ? What happened ?

You can answer with your second post ever on this site LOL
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equijohn

05/03/24 7:46 PM

#36748 RE: DrMed #36745

This is a board for shareholders , not Advocates of the Insiders who use them as cannon fodder to raise Capitol for their up listing dreams

Again this is the 4th reverse split , and the previous 3 groups of investors all destroyed with the reverse splits.
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equijohn

05/05/24 11:19 PM

#36749 RE: DrMed #36745

This post will age poorly , as you are defending people who have destroyed shareholders not once , not twice , but three times. Imagine using your first post , for something as stupid as that.

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equijohn

05/07/24 11:37 AM

#36751 RE: DrMed #36745

More shares hit the OS , was at 8 million after the most recent Reverse spilt " 4 in 5 years " and now over 13 million . Are you going to tell the board this is a good move by the company ? How about the share holders ? Is it good to dilute ?

I'm guessing you have more of an interest in the leadership and preferred share holders than. You do those folks buying shares in the open market