Aug. 13 at 6:52 PM
$AMIX Warrant buyers who got in at
$5.75 are selling in large numbers. As soon as the stock reaches
$5.75, they’ll have sold out and will simply wait for the next stock offering at around
$2.
And that’s how the stock keeps getting diluted. This company has absolutely nothing in the pipeline—just debt and a constant need for cash. The only way they seem to get that cash is by issuing more shares and diluting existing shareholders over and over again, until eventually there’s hardly anything left.
