Post by
mrmomo on Dec 31, 2020 10:05am
Some thoughts on recent news...
just decided to pop in for a short time to give my 2cents on the recent shelf filing and possibility of issuing more shares. I think Hive shareholders should be aware of two important things here. The first this WAS TO BE EXPECTED. Imo, i think it would be foolish for Frank & team NOT be doing one around these levels when the market is hot AND i also beleive it's in the best interest of shareholders if you wish the company to GROW! Secondly, people gotta remember when times were bad & tough for the company & cash levels were dangerously low, Frank & team were not tempted and DID NOT do one dilutive attempt on the company. If they were not so transparent, greedy & underhanded like most Ceo's, mgmt or companies it would have been done long ago at riduculous levels....probably under 0.50. BUT Mr. Holmes decided not, even thoguh i called them out that they would do it....several times....but he eventually did not. Folks should make a serious note of that fact!
So for those either upset, pi$$ed off and calling out Mr Homes, i say thi...Would you rather they had done it when the stock was trading at 0.25 or at $2.50? Think about that for a moment. Also, if you intend to stay as a long term investor in this company, it needs to grow both organically AND with outside investment.....it's the only way to scale up with limited risk! So i urge shareholders & investor alike to ponder on those thoughts deeply before make a hasty judgement here. Imo, this was inevitable, smart and will be VERY acrretive for the company going forward IF used properly! Which i expect no less from Mr. Holmes & team. Don't be surprised if Frank & crew use this money for a possible acquisition to scale the company into the big leagues! One should always make a differentiation between VERY bad dilution & a good one, and it's my belief that this will end up being the latter & making s/h VERy happy! I hope this clarifies some of the worries or doubts some investors & shareholders had on this news.
Good luck & God speed
Comment by
HarfanddesNeiges on Dec 31, 2020 10:12am
Agreed,Very good thoughts. GLTA
Comment by
AlphaJ on Dec 31, 2020 11:13am
i dont fully understand the implication here. Learning moment coming. Lets say crypto runs after new years. Btc rockets to 35k USD. Will hive move? Are we stuck in the low 2s for a while? I see something about excersizing share options at $3 . If US global excersizes those options, is the s/p going to be surpressed?
Comment by
gatekeeper1977 on Dec 31, 2020 6:38pm
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