36.6 million shares traded as of 2 15 pm CDT today
Post# of 2064
(Total Views: 306)
Posted On: 04/16/2020 3:37:24 PM
36.6 million shares traded as of 2 15 pm CDT today, Thursday. Can't wait for the After Hours . Price is tanking but not as severely as I'd have guessed. Did you notice we touched the 52 week low? This is the downside for what i'm sure PT hoped would be the last convertible loans and there are at least two more waiting to convert in May. We don't know if others have been taken on but not yet disclosed. Hope not.
By my calculations and i don't stand behind this very firmly - you'll need to buy about 8% additional shares to keep the same relative percentage ownership that you had before these two loans went to conversion. i'm estimating that we're seeing 100,000,000 new shares flooding the market - this two day dump is getting rid of them pretty fast - maybe about half of then gone by close today. We are ripping the Band Aid off this week.
Any buyers today? i was, modestly, and recognize it might well be good money after bad. Hate to give in to the dilution without a fight.
Seventeen million shares just moved in two trades at abt 0.0026.
Best to all - dwell on what's important - health and family. Mexus is a bit player pretty far down the list. I and maybe you too have spent too much time and money on it over a long period. Stay home - be well.
By my calculations and i don't stand behind this very firmly - you'll need to buy about 8% additional shares to keep the same relative percentage ownership that you had before these two loans went to conversion. i'm estimating that we're seeing 100,000,000 new shares flooding the market - this two day dump is getting rid of them pretty fast - maybe about half of then gone by close today. We are ripping the Band Aid off this week.
Any buyers today? i was, modestly, and recognize it might well be good money after bad. Hate to give in to the dilution without a fight.
Seventeen million shares just moved in two trades at abt 0.0026.
Best to all - dwell on what's important - health and family. Mexus is a bit player pretty far down the list. I and maybe you too have spent too much time and money on it over a long period. Stay home - be well.
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