Jun. 25 at 3:27 PM
$CYDY i see that WheelsAreComingOff has been trying to highlight that CYDY secured financing this year... any SMART investor would realize that BOTH funding deals are NOT good for shareholders... especially the most recent
$17.5 mUSD funding deal... why is it NOT good??? because it had a 13% fee attached to it (translation: of the
$17.5 mUSD,
$2.25 mUSD went to the fee)... also, it had warrants attached to it... 81.4 million shares to be exact, priced at 26 cents... that means IF at any time the share price edges up over 26 cents, you should not be surprised if some of the 81.4 million shares end up getting dumped onto the market... which then means further dilution... no matter how you slice it, the financing deals that CYDY entered into are NOT good for current shareholders... that is unless you like your shares having less value... and apparently some of the Faithful like that!!!