Replies to post #14980 on Artfest International, Inc (fka ARTS)

[99leadballoons]

No you cant.

A company can't just decide one day it will make itself more valuable by issuing shares.

1 share for every thousand would mean that each ARTS share you own now would be awarded .01 in dividend value. The stock is currently trading below a penny.

It doesnt take a genius to realize that the company can't simply decide one day to issue a divvy for more than what the current stock is worth, aka more than doubling the market cap just by issuing a divvy.

Dont let them trick you folks. Its not magic beans.

If this was all you had to do, why wouldnt companies just offer all sorts of divvies instead of diluting? I mean if you can just wave a magic wand and create money out of thin air...