As build put in his email to Joe, what are they looking at about 600K shares of NGIO? Then issue 600K more shares and pay the buyers from 2/17-2/24. What is it costing the company? NOTHING since there is no value right now for NGIO. When they go public with NGIO with 100M shares at $4, that is $400M market cap. $2.4M would only 0.6% of the market cap. Big deal. But to me and all the others that purchased, it is a big deal. I want my shares!
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Disclaimer: Of course, all of this is my opinion and you should not make any investment decisions based on my opinion. I have not received any non-public information.