You're not comparing apples with apples. Let's start with the truth:
"It’s absolutely bizarre to me, like slap in the face bizarre, that you’re all glum and talking DILUTION about this stock:"2 years ago they also had TWO BILLION shares on issue. Did a 20 to 1 consolidation, 2bn to 100m, then proceeded to dilute shareholders out of existence with a falling SP. Once this latest raise is done, they'll have close to 400 million ( 8 BILLION ) shares on issue along with around 300m options.
- pending registry of only 360m shares
at this point in time if options were exercised they'd have 700 million shares or 14 BILLION pre consolidation.
Never in my life have I seen such dilution over such a short period of time.rubbish. Paul himself said they're 12-24 months from break even. 2-3m will only give them one quarter. By the time they're cashflow positive we might have the equivalent of 20 BILLION SHARES on issue
- raising $2-3m which will go very close to reaching cash-flow positive
Anteo are doing the same
- selling its own manufactured products
if they had started at 1m a year, that would be impressive
- doubling its revenue every year
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