CannaSys Inc. (fka MJTK)

[LifeisGood418]

Glad i sold most of my position when i did and RIP to the rest, good luck to anyone still in because now i'm sure everyone that hasn't sold already has the "i'm going to just wait it out and it will get better mindset." it won't. they will reverse split this to .70 then dilute it to death.

If you are saying why would they reverse split they just announced 10 Billion in shares its because if you announce you are diluting 10 Billion in stock the price would drop 80% in a flash but at the current price that would leave you at .0002 or .0001 and no bid so you can't dilute to anyone. but if you announce an R/S then the stock price after an 80% drop from .70 would be at 14 cents and you have tons of lemmings still trying to buy the bottom.

They are playing a game with you here and half of your beloved posters are leading you into it.