BEWARE of GNUS: MASSIVE Share Dilution Coming & iOS Launch of Kartoon Channel
Here I break down the recent news on GNUS stock. First is their iOS launch of their Kartoon channel, and the other is their plan on increasing the amount of shares on the market from 233M to 400M.
Despite the relatively good news and reviews from their new iOS launch, the stock has trended south over the past week and month. However, the stock is still over 500% up from its 6 month price of around $0.30 a share.
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