May. 5 at 1:52 PM
$AQMS This company only succeeds by mechanizing a dilution loop: NOTE: on Nov. 5, 2024 AQMS executed a 1:20 reverse split (shares went from c.137.6M to 6.9M). Then they issued more shares (from c.6.9M to c.14M). Fun times! Then again, crappy management led to the need for another R/S on Aug. 4, 2025 (1-for-10 this time, so c.14M outstanding shares down to 1.4M). Not done. Patterns holds when they file a
$100M (S-3 form) shelf offering on Oct.17, 2025, which btw carried forward
$38.1M of unsold capacity from a prior registration. Then, effective Nov. 5, 2025, they file a 424B5 authorizing up to
$50M ATM sales via The Benchmark Company. It’s a mechanized dilution loop and a TRAP…just saying…company is full of shenanigans…
