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Tuesday, February 09, 2016 2:04:20 PM
That 3 billion shares outstanding is a good thing or at least not a bad thing, because it's barely 50% of the authorized shares?!
3 billion shares means this won't move past $.0005 AT BEST
If this ever tries getting up off the ground, too many people will begin dumping, stopping it from ever moving.
How am I omitting anything?!
Omitting means leaving things out, usually that are relevant, necessary pieces of information that change the outcome
6 billion authorized does NOT change the fact that it's heavily diluted
It's not a relevant piece of info
Whether it be 10 billion or 1 trillion authorized shares...
Over 3 billion is heavy dilution and too much to expect great things from
You give me a specific example of a stock with 3 billion outstanding shares that bottomed out at $.0001 AND took off one fabled day and I will back down
If you can't give an example, it's not true
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