Two Hypothesis for the shares available at the ask
Post# of 40989
(Total Views: 341)
Posted On: 09/26/2019 8:53:23 PM
Two Hypothesis for the shares available at the ask:
a. Easy answer is shareholder selling and exiting the stock
b. Note holder. If issued all 353 mil shares at 0.00015 for past due notes of $53K at 50%, they should have about 130 mil shares left. By my account, 200 mil shares were sold at 0.0002 since September 23, the first time 25 mil shares were sold at 0.0002. They will be happy to sell at 3 if they can and if not they will sell at 2. Either way, note holder time is up until at least 12/1.
We shall find out tomorrow. What always confuses the good accountability of shares here is the massive shareholder selling. In Q4, 800 mil shares were sold so far, well above any potential dilution. In Q2, 2.4 billion traded to find out that only 200 mil shares were diluted and the rest were dumped at bid by shareholders.
The up swing is coming way too close....I expect it to happen next week.
a. Easy answer is shareholder selling and exiting the stock
b. Note holder. If issued all 353 mil shares at 0.00015 for past due notes of $53K at 50%, they should have about 130 mil shares left. By my account, 200 mil shares were sold at 0.0002 since September 23, the first time 25 mil shares were sold at 0.0002. They will be happy to sell at 3 if they can and if not they will sell at 2. Either way, note holder time is up until at least 12/1.
We shall find out tomorrow. What always confuses the good accountability of shares here is the massive shareholder selling. In Q4, 800 mil shares were sold so far, well above any potential dilution. In Q2, 2.4 billion traded to find out that only 200 mil shares were diluted and the rest were dumped at bid by shareholders.
The up swing is coming way too close....I expect it to happen next week.
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