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Re: Ofri post# 4431

Monday, 02/27/2017 5:34:41 PM

Monday, February 27, 2017 5:34:41 PM

Post# of 61601
There is no reason to do the RS until the dilution is completed because further dilution would occur. Converting debt to stock is just one way to pay off debt.
All an RS does is reduce the number of shares and multiply the price of shares. It doesn't really matter if you buy low, like now, and then have your shares divided by the split, or wait and pay a higher price after.
I've bought 500K each time it drops by $0.002, and now have 5.5 mil. If it hits $0.0120, I will buy 500K more. And again at $0.010, if it gets there.
When the debt is gone, and the RS(s) are complete, it should be around $4/share. At that price, institutions may take a look, which would help pump up the price, since our small purchases are not really enough to have much effect on sp.
My average is now well under $.02, and I've purchased everything using dividends from other stocks. I do expect to make a pile of $$ at some point. I can wait.