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Monday, April 16, 2018 9:37:16 AM
This was not a stock with toxic debt. If he wants to dilute, he should buy a stock like MCOA did. MCOA had many shares outstanding, many shareholders and is a pennystock.
You don´t buy a shell with 300k float and 1,6m o/s to dilute at low pennies.
This 1 for 100 reverse split in a stock with 29m float with result 1,6m o/s and 300k float should not happen if it´s planned to have a stock with high share structure which trades low pps.
These kind of shells are bought to trade at dollars.
But we will see. I hope Brett can manage a multi dollar stock. BUDZ, CBDS... all had a higher structure and went up to $15+. 300k float is very rare and could move easily very high if it´s well managed!
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