Of course the share price is disheartening. I pers
Post# of 72440
There would be much more dilution then shown if management felt money wasn’t coming in one form or another. Leo stated the shares will be in escrow for the MFO. This is a leverage ploy for negotiations. If we do not have a deal with upfront funds on the horizon we will see a few large volume days like we did in May of 2019. If that occurs then the price will increase because the large groups will try and buy the shares over us.
Buy some shares at this price and wait. If we see the MFO converts shares to market like May 7th, you will see a large volume day and the price will go up significantly. Flip the shares you bought at these prices to help soften the blow we’ve experienced. Those large volume days will tell us that negotiations are still happening and management needs money for another quarter. If this does occur, once the shares are done we will then see the significant decrease once again while the normal day to day nonsense occurs.
I am not saying to sell shares at a lower price or say something portrayed as bashing that the MFOs are converting shares as I got lambasted back in May for saying. It turned out to be true! MFO converted shares to market in Nov and Dec in 2018 and then a significant conversion in May of 2019. I am saying to hold your main holding shares for a deal and MUCH higher prices. Use shares bought over the next few weeks to use as flip shares ONLY if a deal is not announced knowing the MFO converted shares to market and management used it to get more funds to fund the next quarter.
This IS what’s going on here and the bashers do not want you to know this because it educates you to accumulate and understand what’s happening. If a deal is announced all the bashers will change their tune and try and manipulate the price higher as they did right before they knew the Mako hit piece was coming. It’s a pendulum swing and they are unfortunately pushing the pendulum. Learn, use their own tactics and please be patient...