NoMoDo
1 week ago
Asked and answered so many times. Dilution is never good. The hitting the OS has already been priced in when the the convertibles were reported in the q's and k's. It is so cute that you are now concerned about the shares sold recently, but didn't know that the shares were going to get converted in the first place. Now is just the wait for the shares to finish hitting the market. Hard to get going until the shares are fully converted and the debt goes away.
BTW, I am no shill. I don't care if anyone buys this stock. I could care less what anyone thinks of the company. I made money big time here and at FORW. I left 500k shares in when I took my money out a while ago. Since then I have day traded it regularly until it hit .0006. Then I could buy, but they wouldn't let it go up to sell any. I have been buying here and there - well, I am possibly the largest non-insider shareholder. If the company goes under, I will be ok. If the company goes to .02, I will... well... make quite a bit more than I did the first time.
Have you looked that the other 2 stocks I have posted on lately? They both have been running better than any stock anyone on this board owns. On one, I give a regular look at how I trade. You might learn something there. HMBL is currently not a tradable stock. This is more of a lottery ticket with slightly better odds.
NoMoDo
2 weeks ago
Don't be a clown. Dilution is generally bad because you give up partial ownership. Dilution in a startup is a given. Failure to recognize that makes you ignorant. If you buy into a company early you either get a diluted share or the company is riddled with debt. when they actually start making money Here, we had both for a while.
Now - likely due to a potential government contract, they needed to eliminate their debt. We are paying for the debt now in a big way. I am not concerned. If the company is able to start showing a profit, they will do a stock buyback or a RS - or likely both in that same order. That would get the share structure under control.
Here is the thing Missy... the quarterly and annual reports fully discuss the future dilution always about to be had. For you beginners, and asses like surf and tenkay - who know better, nobody should be surprised that billions of shares were dumped into the market. The monthly "OMG" report was total bs because tenkay likely knows how to read a 10k. No need to act surprised. He was doing it for show.
Still, nobody is willing to explain why we are not yet at .0001 bid - or even no bid. With that kind of dilution we should be at no bid by now. The stock started at .0004 and is currently up 50% from yesterday at .0003 after a 4:1 rs and 13 plus bill shares dumped on the market. Who is buying? Hint, it isnt market makers trying to lose millions to create a market.