OTCPK:SPLID - Post by User
Post by
geodcanon Aug 15, 2019 2:57pm
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Post# 30033160
options, warrants and freeshares
options, warrants and freesharesare only free or cheap if you are one of the lucky ones that are on the receiving end. The rest of the shareholders are caught up in the dilution. EAT has a lot of shares in the float and when companies get too bloated they just do a consolidation, which is usually the deathknell for small companies, at least most of the ones that I have been caught in. Most that do consolidations usually drop back to the preconsolidation price and then dissappear from lack of interest as do the assets.
You can't rely on our securities watchdogs because they are relatively useless and late to the party. The assets dissappear before they are even aware of it. Morals and scruples are non-existant with lots of management, who rely on the fact that "everybody does it"! It doesn't make it right and is a case for keeping a close eye on the money.
In that respect, getting fair value for dollars collected for shares is also a thin line of distinction that can quickly escalate to fraudulent behavior. I want to think that EAT is above that, but have had the occasion to wonder about some of our tangents that cost a lot with little in return. False starts and intended relationships like the Marley deal and does anybody know what is going on with Neutrisci deal? glta and dyodd