Post by
Guytorule on Aug 12, 2024 3:26pm
Massive Dilution..With Massive Shares Outstanding..
See link below of Web site : "Investors page" Information Purposes Only
Fully diluted shares currently outstanding of 240 million shares post consolidation, with 81 million outstanding warrants...keep in mind the consolidation of last Sept 14th news release on approved roll-back of shares had reduced outstanding shares to 77.9 Million Shares which was effective on Sept 18th, 2023.
Today one year later , we see that figure 3X higher..bringing less shareholder value which brought massive dilution to all shareholders...It's a fact and a matter of record. "SEE FOR YOURSELVES" as a matter of interest and for your information. The Market Cap on that roll-back date , then reflected a value of $103 Million Dollars, today Market Cap reflects $18 Million Dollars as per stockhouse published record of today's date.
https://trillionenergy.com/investors/#:~:text=Log%20Evaluat%C4%B1on%20%26%20Perforat%C4%B1on-,Investors,*As%20at%20July%2002%2C%202024,-Charts
Comment by
FishInTheWater on Aug 12, 2024 5:49pm
as was described, this company faced a lot of setbacks yes, and right now they have resumed gas production with healthy flow numbers bringing about...1m usd/m? There are always hurdles in this business and i would rather put my trust in the team that knows how to fix issues and bring in the cash flow than some mouthpiece with no production in place
Comment by
mcnils on Aug 13, 2024 8:05am
Healthy flow rates may look different, but everyone can easily make their dream come true. Lol