u/___SwagLord___ · 394d agono track record yet
Short 0 shares of BURU
Companies Can Legally Dilute Before the Public Knows — Why I Believe BURU May Already Have Been Diluted
BURU has board approval to issue 650 million new shares (83% dilution to existing shareholders) and to issue convertible debt to Indigo Capital that can be converted into massive stakes. Multiple shareholder-dilution mechanisms have been approved and are likely executing imminently or already underway, with dilution detectable only after the fact via SEC filings.
At post $1.28Now $0.25-80.2% since postedas of Nov 2, 4:15 PM ET
1d—
3d+86.3%
1w+86.3%
1m+23.5%
3m-21.6%
6m-85.9%
1y-18.4%