So here's my take on today. I watched the L2 and saw ZERO evidence of dilution. I've been watching L2 for 10 years and it almost always shows up via VERT or VNDM. However, I did see what I thought to be shorting combined with profit taking, and then finished by scared panic selling, which is exactly what the shorts goal was.
Secondly, it would make NO sense for Chris to retire shares, only to turn around and dilute.
There are a ton of vids being made, 5 revenue streams, and some agricultural leasing deals that will happen in phase 2, followed by live broadcasts and a television channel in phase 3.
What the market may want is revenue projections, but those are fickle. It's better to gauge the quality of the work and the amount of service being produced.
None of what is going on is cheap. From the studio to editing to the anchor salaries. Chris is forming a dynamite company here and most folks are just to narrow sighted to see the big picture.
Yes, we are going to $.10. It's going to take 3-4 RSI cycles, but we will get there. These prices are dirt cheap. Long and strong, BUX
Greed is good
