Wednesday, June 14, 2017 8:15:23 AM
So disappointed. Otherwise, it would have been above $0.10 or $0.25 by now.
The number of downloads doesn't matter. Supply/demand always trumps it all. We all know what dilution can do to pps. We all have been there. No reason to act naive.
I am not going to argue/debate but I am convinced that too much note converting. I am sure we will see the 8K's soon. I can't believe they didn't talk to the note holders to hold off for some time before such a big launch. I am in shock.
This has all the elements to reach $0.20, $0.50 or even $1 if the game does well. But if they can't stop the note conversion then it will drop until it exhaust the AS. Maybe the OS is close to the AS already. Once that happens it will move up big time. 2 billion share is not much for this game propagating.
I have written multiple emails but no response. Today, I asked specifically, if they can update the OTC site when the OS reaches the AS number then that would be helpful.
Let us see.
I have few mil shares and I am in big RED now which is OK. I had bought hoping to hold for months anyway. So I will continue to hold my shares but won't add any more. Maybe I will avg down once the OS max out.
I don't care about day to day price movement. But I am always alarmed by floorless convertibles. Because it barely ever ends well. Converting at 0.00005, that is insane.
I was like the biggest fan and now greatly disappointed.
Those who know me - I am not a basher or anything. I always share what I feel even if it means for me to lose money. Since I was posting so much +ve, I think it's necessary that I post my change of opinion. Won't be posting day and night
Do whatever works for you.
Good Luck.
Fools argue to win, so stay away from them and still say Thank you.
Smart people argue to seek the truth and say "Thank You" when they find that they are wrong.
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