OTCQX:HEOFF - Post by User
Post by
Lazaroson Oct 28, 2019 5:53pm
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Post# 30278576
Over 40% dilution
Over 40% dilutionThese guys and gals can't stop screwing the shareholder. We,re going to have roughly 80 million shares O/S after all is said and done. That means we need $800k net profit for $0.01 in EPS. That's up from roughly $550k for every penny of eps before the purchase. It might not seem like much, but they have spent tens of millions in acquisitions for no profit and a little 'adjusted EBITDA'.
Hopefully this acquisition is actually accretive to earnings soon. Not a decade from now.