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Thanks for bringing truth to the fake news of SECI!
Noteholders will continue to convert until it becomes difficult due to low volume and then Matt will RS Imo. Then they can convert at 70% of the RSd price.
There is likely a few billion more per the last 10-q.
But ask yourself this, do you think Matt is completely finished taking out notes?
The noteholders will now reset to a closing of 70% of 0.0004 or 0.00028.
This adds several more hundred million to the OS from conversions
Thank you for that NON LEGAL opinion
The company is looking at its options. Also working with law enforcement.
See everyone next week
Thank you for that OPINION
Now, here is my equally valid opinion
The company is pursuing a claim in court on May 11. One of the defendants is a subsidiary of a multi billion dollar company.
The company is also looking at its options related to criminal RICO.
Have a nice day
FYI,
No one here is a lawyer
No one here knows for sure what is or isn’t going to be criminal RICO in this case
Have a nice day
No one on here is a lawyer. So wait for the court decision and what SECI lawyers come up with
Criminal RICO.
Lol.... no...
The conversions are pegged at 70% of 0.0005, so as long as retail is willing to buy, shares will be available for a long time
The company is not the one in trouble here. They are completely above board IMO and to the attorney.
My hope is the company quickly identifies these people and ensures the data is there to press charges
Find the originator of the illegal website, identify and destroy him
Lol.... can you say RICO? Watch....
Lol....yep, the defendants will be out many many millions.
Too bad, so sad
I just read the notes in the 10-q.
They all convert at 70% of the lowest closing BID PRICE over the last 15 days.
Meaning I was correct that the lowest closing bid price was 0.0004 and the conversions are at 0.00028.
So 3-5 billion shares to the OS more than now.
It is already greater than 700 million. You will see the update in march
It’s all notes. Actually it is beyond obvious
Doesn’t look like it. Let’s see, how much does 2 billion shares at 0.0004 cost? Oh ya, $800,000
Anyone who has $800,000 isn’t blowing it all on this stock DUDE
Keep buying because Matt needs to issue more notes...lol
No matter how you measure it now, it is official. Noteholders can now convert at a % of 0.0005. I believe they can convert at a % of 0.0004 but even now hundreds of millions will be added to the OS
Well, that 10-q blew the claim of no trial out of the water. There is a jury trial and it starts May 11
If you want, we can add the conversions together 10 million at a time...
I’ve probably seen and experienced way more examples than you.
AS of 15 billion. Notes which will allow for the conversion of over a few billion. Watch it happen
It seems the market knows better.
This will be a multi billion OS. Nothing with Innd shows they will instantly have a billion in MV
No change in OS or AS but an orchestrated sale or short
Only if the buys are overwhelming, otherwise no
All buys. Imo someone is trying to short heavy
I wonder how low the shorters will want to go and if they think they have more $$ than the buyers
That assumes if you are right, which I doubt you are.
However I am certain you don’t have the millions required to buy up the shares which are and will be coming at you
Lol...not a heck of a lot when you compare 0.00059 to 0.0004
Not at all.
I believe it is the lowest bid price. However if you feel better on the lowest closing price, that doesn’t help much
Price has memory....
26 million shares added via dilution today (T trade after hours). That’s a lot.
A new low of 0.0004 will reset the noteholders lower and add hundreds of millions to the OS.
Below this, I can’t see how someone buys enough to offset it...
Either someone with deep pockets fights back, he gets found out by the company or he shorts this to death.
When the sells outweigh the buys the pps goes down. The sells are outweighing the buys.
Doesn’t look at all like big players are buying in
How? That makes no sense.
The chart says it all.
It looks like everyone is dumping