"they could triple the investment by retiring shares and uplisting"
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The only way this company could do this is if they win the LOTTO and buy back shares so that they could retire them. lol
This company has lost so much $$$$ that they've had no other options but to make deals with toxic financiers.
I've seen worse conversion rates but the dilution rate is alarming.
I'm not saying the company is toast! If the company could land a big contract I'm sure there will be a pop to the .20's
(Accum. Deficit) is over $132,900,000.00
Ambient Corp. has never made a profit in any quarter since their start up.
I'm not saying they never will make a profit , its just that with the market cap already so high and with the way they are going about getting their toxic financing to cover their huge losses every year , Its going to take alot more dilution to the common shareholders to ever even come close to having enough money to make it to the finish line.
Just in the last quarter alone the O/S has grown over 200%
Their losing almost 3 million a quarter so just how much longer will their cash on hand last , before the next round of financing takes place??
My main point is that any one looking to invest in this company for long term is crazy! IMO
Trade it , don't marry it!
GLTY
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