I have been arguing for a while that people have this backwards. The Funny car company is simply taking advantage of the Diamond company to raise funds. How many people still believe the cash card will somehow help the Diamond company? It seems rather the shareholders are being duped into funding the funny car company.
Sure the advertising might sell some shares of the Diamond company that would be a plus. But I still don't think that is the point. Not too long ago most of the shareholders thought the funny car actually belong to the Diamond company. Now whole troops of people go to funny car races.
fung, give up with Pedro -he likes to play dumb (benefit of the doubt) and create the illusion you are not answering his questions as opposed to vice versa. If he doesn't understand that authorizing 300 billion additional shares amounts to dillution in the eyes of investors - regardles of if the shares are issued- then he deserves to lose his money here. I know he comes off as if he asking sincere questions, but I think he is just trying to distract people. IMO of course
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