i would have ratherr liked to see CVI pay in cash instead of shares...
if CVI is paying for promotional work, $146250 in cash is a one off fee. by issuing 700k shares at 19.5 cents instead, we have more dilution...at this rate it wont be too long before we reach the billion share mark! how can that be good for shareholders?
the only positive i see is that the promoters are now holders, so will hopefully promote even harder than they would have otherwise.
but i dont like it at all....my patience is wearing thin.
CVI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
