Thursday, April 07, 2016 7:36:15 PM
The 30M shares issued is what makes the mc go from just over $150,000 where it should be because it's just an empty ticker and that's all a shell is worth. Introducing an extra 30M shares doesn't change anything but the math. If they issued 100M shares, the math would show a mc of $300M. If they issued a billion shares.... You get my point? ( :
What always happens after a R/S and subsequent issuance of a lot of shares to the guys running the show that inflates the mc to unreasonable levels is a drop in the sp. It'll go from $3 to less than a penny in a heartbeat. Unless, it just stops trading because there's no interest.
After all, how much would you pay for a share of INOL after the R/S puts the sp at $3? You wouldn't. How much WOULD you pay?
You can lead a horse to water. But you can't make him get down on one knee and do an Al Jolson impression!
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