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They’ll be 2s soon enough
Dilution
Yup look for a big share dump pretty quickly here now.
Chart setup means nothing with a constantly diluting stock.
The answer is yes.
Hilarious that the new acquisitions basically added a zero to everything, including the net loss, and sales are down yoy despite Covid no longer being an excuse for a shortfall in foot traffic.
Well he probably didn’t max out the current share structure yet. Remember he raised the A/S to 10b after he said he was lowering it to 500b after the last reverse.
Yeah like selling more shares
Well he did. It was Berge who backed out.
He was also this close to a deal with Stullers but didn’t go for it. Either would have made him and his shareholders mad stacks…
Ha ha ha, self funded. It’s funded by BRGO not Bergio. Always
Right now 4, but it’s early
Yes the stock has reacted stupendously to this stunning news. With 2 stores the company did something like $600k in revenue before the big “acquisitions”. I sell almost that much in rare coins out of my kitchen, and I didn’t ruin countless shareholders in the process.
And thanks to whoever had me removed as mod.
Right, just like we did with the last 3.
And a reverse split coming at any moment now.
How? The stock will drop 90% very quickly once the reverse happens. What would be beneficial about buying shares into that?
Wouldn’t you wait until after the restructuring and 1/500 reverse split and then load up? That is, if you think he won’t do the same rinse and repeat he’s been doing for the last 15 years?
4th.
1:12 in 2009
1:1000 in 2014
1:10000 in 2019
Latest share structure: Authorized Shares
15,000,000,000
10/13/2022
Outstanding Shares
4,393,553,824
Latest O/S: 3,997,775,029, as of 9/19/22, up "only" 441M from last month.
Looks like another dump happening as I write this.
Do you still think so? That it looks good, that is.
Right, 206m shares traded and no price movement.
And to you.
True in many cases, just not here. Here it’s “volume after conversion.”
Wow that was a quick run. Wonder how much the O/S increased by.
Agree, but mostly for the note holders. 247m volume should have moved this more than 2 ticks.
And why isn’t your Avatar Wil E Coyote?
New O/S: 3,541,005,029 up "only" 163M from 3 weeks ago.
New O/S: 3,378,098,362 as of 8/1, up another 144m in a week.
None of any of that will ever happen. We asked for all of that years ago and his answer was “why should I buy common shares when I own 51 preferred?”
Such as it is, such as it has ever been. News is ALWAYS posted in conjunction with someone dumping convertibles. Sometimes current shareholders benefit with a pop but it never runs as hard as it should with all the shares being dumped along with the buys.
Wow, this has spurred a huge volume today.
Funny that he’s still looking for lenders when his fans(who are currently MIA)have been bleating that all the revenue the company is generating have made the borrowing unnecessary.
Outstanding Shares: 3,232,805,212 as of 07/25/2022, up "only" 165M from last update about 3 weeks ago.
Massive volume coming from this news.
Looks to me like the news is helping the diluters, no?
Per last 10q it’s 9b now
Except dilution is never “behind it”. There’s a reason why he upped the A/S from 3b to 6b to 9b in the last few months.
Always seems to happen right after the updated O/S is posted.