Oct. 21 at 7:09 PM
$NBND don't be fooled by recent moves. The diluter will continue to dilute. The guy probably has doubled his "investment" already. The profit is too easy as his price is .0005 while he sells out at ~10x that. Kind of hard to fault him - you'd do the same.
But 100M+ shares outstanding coming within days now with MUCH more to come. The company is totally powerless against it and has to live with this "deal." If you would like to see a glimpse into the future, check the stock price of
$AFFU. Same "investor" helped drive that down to low trips and billions outstanding.
A little light reading for management (and Nico, if you are even alive): https://www.sec.gov/files/litigation/admin/2018/34-82767.pdf