eventually YES, but for short term this is great! Ken has incentive now to do more PR's and make some money. You do not think he is just going to tank this...do you????
I agree with that the shares will look like dilution they might sit on the ask side a little more instead of hitting the bid- these shares are gonna really weigh this stock down- the only good thing which is also bad at the same time is the volume dried up and they might need promotion/news etc.. to push there shares
A complete longshot-maybe management can retire 3 billion of there shares and then do for every 5 shares you get 1 Split and spend 250,000 on a promo..and..and Ken takes a new picure in front of a Nascar+ weee to da mooon- I think Managements payday comes from them selling shares not business operations so getting shareholders to feel like they are trying to add value would help..I think they are just looking to sell shares like most pinks have proven over time
right now this play looks bad I hate to say it there are shares flooding the streets rignt now- not much value here- and seldom do we get meaningful news or anything that suggest the company has some fundamental value..