Post by
porc2019 on Mar 09, 2023 11:17am
Mgmt. will dilute current shareholders into the ground.
No questions asked. If you want to see how mgmt. will handle current shareholders, look what they just did over at OMM. They diluted the shares 25% over night, despite supposedly production with cashflow being imminent.
Now you can chose: Either they are lying about imminent production over at OMM (like they did the past 3 years). Or they dont care about shareholders one bit. I think both actually :D.
The EXACT same thing will happen with RHC. They will dilute you into the ground over time. No chance of making money with these guys. The companies they create exist soley to shuffle money from the outsiders towards the insiders.
SELL immediately is my recommendation.
Comment by
porc2019 on Mar 09, 2023 11:20am
They already have 333 million shares out fully diluted. Anybody who thinks they wont hit 500 million easily has no clue. Its impossible to make money with mgmt. that only wants to shuffle it from you to them. They will dilute away any chance of upside (which is almost non existant anyway as their projects are garbage).
Comment by
Asdfghjk on Mar 09, 2023 12:13pm
I must ask. What is your position? Long or short selling.....