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Re: Chocolate Al post# 19306

Tuesday, 09/23/2014 11:02:00 AM

Tuesday, September 23, 2014 11:02:00 AM

Post# of 74996
Well stated... I just wanted to add one point. With the very recent increase to the authorized common shares, there is now a reverse split adjusted authorized of 375 billion (with a 'B') (500 million x 750).

But as the narrative goes, common share dilution is not a problem here.

As always, simply my opinion.

It's like this....

OWOO opened at .20 a little over a year ago. If you factor in the 750 for 1 R/S you're looking at a corrected price of $125/share. That share is now worth .0150, IF you can get somebody to buy it.

But, since it has traded as low as .0101 last week, and the bid now stands at .0150 (without a single taker, I might add) some people would like to claim that OWOO is back. It's laughable.



OWOO