RE:More dilution with latest acquisition"March 30 MDA listed 280 million shares outstanding
Since then another 165 million were issued, plus that many warrants again
With all this dilution, I don't expect the share price to rise by much.
Quarterly numbers will be out in a few days and will tell the story.
IMO - GBLC SP will be stuck in a rut for a while."
Actually, the the real number of o/s shares is closer to about ~525M, AFTER this latest acquisition. Though i agree with you that the number of o/s paper does eventually become an incumbrance to a company's share performance, i think your reasoning though sound is somewhat flawed here. As i beleive it all depends on the current status of the company AND what point they are at. And i'll briefly explain why.
If you take a company like Amazon who has about 600M or Tesla, which has about 1B o/s or Nvidia with 2.5B or Facebook with about 3B or even Apple which has mind boggling ~16B......i could go on but i think you get the idea. Though Graph is NO WHERE close to having a proven track record or being the caliber of a company as those listed above, it simply implies that IF you're successfull enough in your respective industry AND have the respect, trust, confidence AND backing of investors......the amount o/s becomes totally irrelevant in thr grande scheme of things.
So in other words, IF Graph's business model is eventually successful & VERY profitable, you really shouldn't concern yourself with the amount of o/s or base your decisions to invest or not in a company SOLEY on that issue. Being that strict in your parameters to find a suitable investment worthy of your money, MAY close MANY potentially lucrative investment opportunities in the future, whether short OR long term. I hope i've clarified some points and relieved some doubts or worries you or anyone else may have had.
Good luck & God speed