Ann: Release of Securities from Escrow, page-3

  1. 3,211 Posts.
    lightbulb Created with Sketch. 1300

    Lightbulbz:

    This is a classic example of shareholders being further “Diluted”. We shareholders went through capital raise to buy Jupiter, then the company decided to not spend cash on the purchase but instead gave them 52 million shares as payment after they had already raised the cash.

    So, now shareholders have paid twice by dilution and it was you people who voted to support this.

    So no one can whinge when this mob start dumping shares as soon as we get any momentum.

    I remember warning you’ll against it when we had to vote. However, got shot down as being negative. Now this is the reward you’ll get “Dilution” from this MOB.

    And remember there is now no time limit on the BODs options, Whilst our options gets lapsed.

    Last edited by posiedon ark: 01/03/25
 
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