And more waves of dilution still to come
This Pump & Dump was initiated to aid note conversion and dilution, and we've already seen a couple of 37M closing trades this week that were part of that.
Next week, the potential for nearly 500M new shares will begin to hit, as Power Up Lending's $53K note will be eligible for conversion at $0.00012, starting on Monday.
So there may be some news, but every day, there will be at least 37M shares (and increasing a little bit each day as the OS climbs) hitting the bid, or absorbing buys at the ask.
"Soylent Green is people!!!"
Detective Robert Thorn: Telling uncomfortable truths since 2022
DRT is Charleton Heston's character in the 1973 movie, Soylent Green, set in the year 2022, and is not my real name