Post by
TheBigSmoke on Oct 02, 2020 9:17am
Endless stock issuance and shareholder dilution
Market cap stays in the same range yet the stock goes to new lows...all because they issue endless amounts of paper....building value for the company but not shareholders....this is ridiculous....a couple releases ago they say they are done using their stock to make acquisitions and a copuple days later do the opposite...rediculous. Buying an app company....all so they can have QR codes and info for customers...6 million valuation...for what? This can be done through many companies...why the need to buy the company? Just pay a few thousand for this service...not 6 mil to buy the company and further dilute shareholders...especially a couple days after they said they would stop this and start taking care of shareholders....who's holding these guys accountable?
Comment by
sollmg on Oct 02, 2020 10:39am
Recommend you join the line of disgruntled investors on the tweeter. Here is a link to Kiran's account. https://twitter.com/kiransidhuCEO
Comment by
LI4VESTREAM543 on Oct 03, 2020 2:39pm
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