Back to the dilution situation, since no one could

Back to the dilution situation, since no one could, or was willing to, answer the question about the monthly average, I thought I'd give it a try, going by last year's numbers.

Someone, CyberC I think, recently posted that operating expenses run about $200K per month, so that's about $2.4M per year. Going by the most recent10Q, the revenue for the first 3Q's of 2019 was about $170K, so extrapolate that to maybe $240K for last year.

Which left a projected shortfall of about $2.16M for the year. With a share price at about .003, that comes to 720M shares, or about 60M per month, to cover. Since I think good revenue numbers will hit in about June, that's another 360M shares, not including any employee awarded shares.

If everything stays the same, which it won't. We'll have more revenue and greater expenses, but, anyway.

That will put us at about 3.5B shares, in June, when we get into position to be in the money, based on Q1 2020 numbers. Although Mark did say that it would take until August to turn a profit, so 120M more shares, give or take.

A company like this should have, what, about 250M shares outstanding? It's hard to say, but let's put it at 500M for ease of calculation. To buy back the projected 3B shares at .003 (and share price should be higher), it will run about $9M, which is very doable. Even if share price is way up to .01 by then, it's still not a lot of money in the whole scheme of things.

I'm no accountant, I've avoided studying this stuff as much as possible, so if I'm wrong, have at it.