Tuesday, May 08, 2018 9:51:59 PM
At $16,000,000. that is 3 times the current Market Cap of $5,580,360 with 4,464,288,051 issued shares. So according to your post Carden can simply dump all 12,900,000,000 and get more than their orginal $16M back? LOL
So having shares is a stupid idea for lending $16 million. They must see value in WRFX that assures them they will get a return for their money even if they loan all $16M per the agreement.
Not only that but they agreed to not dump more than 1.2% of total shares in any one day. Same problem if having all the shares in the world with no sound company behind the shares...NO ONE BUYS THEM!
The only reason Carden has chosen to partner with WRFX is because like me and my 50,000,000+ shares is because they know WRFX has value and is gonna give them a nice return on their money.
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