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Posted On: 02/18/2019 11:09:20 PM
Post# of 4466
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MMEX-scam’s float, most recently (and inaccurately) reported in Mad J.’s “investor” shite-pitch was 31,430,599 shares, against an outstanding count of 37,491,977 shares.
Basic math demonstrates that on the reported basis, the public float is 83.8% - this can hardly, legitimately be claimed as “low float.”
So this claim is just more MMEX-scam hype and B.S., easily debunked.
“Rumors” by T-shirt sales-persons have little, if any value.
With the nominal 13-million shares remaining to be liquidated from Mad J.'s most recent S-3 registration, and the next wave to follow, "low float" is one of the most egregious, false, and hilarious claims in recent history.
Basic math demonstrates that on the reported basis, the public float is 83.8% - this can hardly, legitimately be claimed as “low float.”
So this claim is just more MMEX-scam hype and B.S., easily debunked.
“Rumors” by T-shirt sales-persons have little, if any value.
With the nominal 13-million shares remaining to be liquidated from Mad J.'s most recent S-3 registration, and the next wave to follow, "low float" is one of the most egregious, false, and hilarious claims in recent history.
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