Post by
wideopenthrottl on Jun 07, 2024 2:49pm
ncib etc
I sifted through news releases including many acquisitions
back to 2019..
12 mil raised for warrants at 1.45
25 mil at 4.77
70 mil at 6.75
302 mil at 9.80
34.5 at 3.70
also there were a few grants of options to insiders and maybe some debentures got converted to shares?
this wasn't cash wasted on operating the company...
the ncib can hopefully protect against short attacks...
all in all not bad use of dilution and debentures to fund our growth in my humbleopinion...glta
Comment by
sorrenson on Jun 07, 2024 7:00pm
You think 150000 shares will prevent short attacks.. Oh wait there is only 1.5 million shorts out of 250 million shares, How about not printing 120 million shares instead... .
Comment by
wideopenthrottl on Jun 07, 2024 10:19pm
you conveniently left out how much we raised with that dilution..the shorts can attack without building short positions just like day traders can go "long" for minutes or seconds .. a ncib will make them hesitate to try and push it down on low volume....not trying to pump just trying to be realistic...glta
Comment by
sorrenson on Jun 08, 2024 11:50pm
2600 shares out of 750,000 average volume is doing what exactly?. If they keep this joke up for a year they will buyback under 500,000 out of 246 million .after adding 120 million over the last few years.. Its pathetic penny stock games. But good news is we will be back at 360 ..rinse and repeat.
Comment by
Duster340 on Jun 10, 2024 9:37am
sorrenson is talking out of his azz again. lol