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You misinterpreted what he said ....
If the 8:1 R/S happens, there will be about 250M shares out.
They are then going to authorize 1.4B.
So they could then dilute an additional 1.15B shares.
The O/S would then still be decreased versus today.
And your shares will be worthless.
Except for:
1. Starsona is practically worthless at this point
2. An 8:1 RS at this point still gives you subpenny stock price
3. A 25:1 RS will be required
4. Company will immediately dilute the post RS stock price by 50% or more
Soooooooooooo .......
Starsona is a DEAD-END, period. I am hoping this deal never, ever happens.
Then we can start fresh, with no R/S, and see some activity.
What??? You are aware this hit 0.0004 today, right?
Put everything I have on what? Success is relative.
If you didn't make a killing on this the past year, then, well ...
No, there is 0% chance it will recover.
Not arguing here - remember you calling it. It is what it is.
I have $432k in cash in investment accounts waiting for the plummet.
Because what? Because George told you? He told you NO R/S.
It will be at least 25:1.
Correct, R/S will be at least 25:1 now, because how poorly management mishandled this entire endeavor.
Very little chance of success post the R/S IMO. They missed their opportunity to hear to capitalize on shareholder growth. Now everyone pays the price.
What a dumpster fire the CEO has left for investors. Most could have escaped here had this been a typical P&D, and most also come out ok. In this situation, not so much ...
The PR about the R/S and share price reeks. Not going to say it's a scam persay, but its genuine stupidity. They need the R/S because they don't think they can move $'s with a sub-penny share price? Well, after a 8:1 R/S, it's still a sub-penny share price, and it's certainly not going to go up when they are bloating the hell out if it ...
What a shame ...
There is literally no chance here ...
Nothing "wild" about. I don't find "wild" to be a really kind word for those that are about to get completely obliterated by this split.
It's going to be a bloodbath of monumental proportions.
It could yes ....
But not when they immediately dilute the pot nearly 5x after the R/S ....
I'm sorry - but this reeks of a scam at this point.
I warned everyone, for months, that a R/S was coming. I tried to explain to all that it would be impossible to get out of this ...
Those bags are going to be heavy ...
Somethings never change.
Except, the PPS says NO ONE cares ….
How mistaken you are ... trips are imminent ...
CEO is doing an atrocious job at maintaining shareholder value ...
Has nothing to do with the chat board, only with the fact that the CEO has provided nothing of real value ... just smoke and mirrors for bait ...
R/S is coming ... no doubt in my mind ... If Sharp had those 800M shares available, would have mentioned it by now, and actually tried to help shareholder value ...
Or maybe, just maybe, he doesn't get it ...
Zero doubt in my mind that GRDO will require a R/S ....
This did not cross my mind - thanks for pointing that out.
R/S DOES not work in a scam … because, you know, it's a scam …
But if this is legit, R/S could work to shareholder advantage.
I think it could avoid a R/S in that case ...
I liked Watson, spoke to him many times … I am sure he has matured, but he was in over his head with GRDO and said a bunch of things, via PR, that he shouldn't have.
Made lots of money because of him, regardless
I'm not implying anything …
I have no reason to distrust Sharp as a day to day business person …
But I don't have any reason to believe he can execute magic on the OTC. And by magic, I don't mean doing anything criminal, but his non-chalant, take it as it is, approach to all of this is not doing anybody any favors.
I still think a R/S will be required here to really make it boom ...
We were all a part of that ….
0.01 would be a failure …
Watson did that, with a massive POS ...
0.0014 and dropping ...
No they aren't … there is not much interest here, period. Going to be impossible for those (alledgedly) holding 20, 30, 50+ million chares to ever get out of this.
Hate to break it to you, but the PPS is not where it is because of OTC manipulators that have a grudge against Sharp. That's laughable.
Successful? How so? It's a start-up - its functional and usable, but not successful.
Every video they've ever made is available to view on the site. Go add them up.
LOL, no it doesn't ...
Starsona had $108727 in revenue last year ... you can find this number if you look ...
75% of that goes to the people making the "Starsona" videos ...
Leaves about $27000 in revenue ..
Company has 4 employees ...
Do the math ...
It's certainly not a scam - it is something real that one can use …
But overall, I think it's a disappointment to most, and the activity on the ticker proves that …
The chart is brutal, and GRDO is setup to take some huge lumps in the coming weeks.
The chart looks TERRIBLE ….
So … LOI, $15M in funding, Sharp on board, new name …
PPS is stuck …
What does that tell you????
How do we know this? What kind of deals has Sharp made in the past?
Because an LOI doesn't mean much ….
For the one millionth time, the gap MUST fill! Will never understand how people get suckered into buying on the runup into a gap fill.
You mean, there's no LOI? You're kidding me … I am soooooooo shocked …
Trips coming ...
George fails to deliver in a timely manner, yet again …
I'm shocked, truly shocked ...
Sharp needs to deliver the goods, period!
Boy oh boy - I hope this PR is coming soon ….
I find it funny that people think people can actually effectively short OTC ....