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Re: gogoyears post# 37330

Wednesday, 06/01/2016 2:57:40 PM

Wednesday, June 01, 2016 2:57:40 PM

Post# of 127559
I agree with you that it may be time to buy, however, why would this, or any stock, drop 90% on low volume? It's because Tom's 100 million shares, even though restricted, are still included in the Issued along with the float. The stock was valued at .0001 with 3.4 billion shares Issued. With the RS (1:500) it became 7 million at .05. But then Tom added the 100+ million to the Issued to bring it up to 111 million. With no added production or revenue from the company, the stock immediately was only worth 7/111 of .05.
That works out to around .003. We're fortunate to be at .006 on speculation. However, until Mountains is released forming a new revenue stream, I wouldn't expect too much.