$Cyngn (CYN.US)$is doing an offering, but only for employees—issuing 54,996 shares. That’s just a 3.14% increase in the total share count, which is pretty minor in the grand scheme of things. I know dilution usually isn’t great for retail investors, but in this case, I’m not worried. Here’s why: ✔ The dilution is small (~3.14%)—It’s not enough to have a major impact on share value. ✔ Employees and executives are taking stock instead of cash—If they thought the price was going to tank, they wo...
$Cyngn (CYN.US)$ market lets them reverse split so they generate tax income on your wash sale and you lose it all. The ceo getting bonus million while shorting his own company for years. Wake up
$Cyngn (CYN.US)$has executed two reverse stock splits in the past two years, yet they managed to convince Nasdaq to restore compliance. This suggests they presented a strong case with a clear growth strategy for the future.
74464217
OPNix2000
:
You lack an understanding on how these things function. Let me educate you. Fee’s are only a part of the Nasdaq’s regulatory and administrative processes for maintaining compliance with its listing standards. However, a fee alone does not guarantee that the company will be granted the extension or be able to regain full compliance; they must demonstrate a clear plan to meet Nasdaq’s standards.
frank Axolotl_0566
:
and with the company recorded loss after loss, does it make sense for management to receive bonus up to 1 M? You can ask with auditors out there.
$Cyngn (CYN.US)$ it will be up to lure in .. then down.. when they lure enough in they break down.. repeat and flush to another reverse split. FREE WAGYU STEAKS FOR CEO AND RAISE.
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I know dilution usually isn’t great for retail investors, but in this case, I’m not worried. Here’s why:
✔ The dilution is small (~3.14%)—It’s not enough to have a major impact on share value.
✔ Employees and executives are taking stock instead of cash—If they thought the price was going to tank, they wo...
@browny_440
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