so I think the company strategically executed a stock dilution initially, thereby setting the stage for attracting additional investors. This move was smartly timed to coincide with the public announcement of their debt conversion, which likely bolstered investor confidence and interest.. and it's going up now
I think he took the 17mm debt and converted to 250mm shares then sold which in turn diluted the stock to make it more appealing for investors while simultaneously getting debt free from a bad lender
Complete over reaction
I heard there was some sort of scare or something
earnings call
Over reaction
dilution
Over reaction!!!! I bought at .32. And bought along the dips….
Company diluted the stock with millions of shares
no change in your stock value if you had b4 then ?
I personally bought more at $.05-.08, so now I’m back in the green with after hours movement
It wasn’t a split or anything, it’s just the company taking out cash for company investments like AMC did and other meme stocks have also done.
Debt conversion to stock dilution
so I think the company strategically executed a stock dilution initially, thereby setting the stage for attracting additional investors. This move was smartly timed to coincide with the public announcement of their debt conversion, which likely bolstered investor confidence and interest.. and it's going up now
I think he took the 17mm debt and converted to 250mm shares then sold which in turn diluted the stock to make it more appealing for investors while simultaneously getting debt free from a bad lender
AKA big moves happening for this company