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Re: Bobwill59 post# 182423

Friday, 07/06/2018 3:30:53 PM

Friday, July 06, 2018 3:30:53 PM

Post# of 255603
I'm forgetting NOTHING here, Bob. A total of 623M shares have been added to the O/S since mid-September when the price was ~0.0170. That's 16.3% added to the O/S, and the price is now in the 0.0030 range. O.0030 represents over 82% reduction in pps. Returning to the 0.0170 price range represents a gain of 467%. And that price was BEFORE the major progress in distribution growth, $M's in revenue added, substantial NET PROFITS added... so much better now than September when the price was 0.0170+.

So when you and/or others say "...this much diluting..." it makes no sense. None at all. Sorry, but just a fact that it makes no sense to me... at all.

AND- NOT much dilution for clearing out $1.8M in debt. Hugely disproportionate share price reduction for that small amount of dilution. Add to that the steady progress on building distribution for the product, the healthy $MM revenue AND healthy 40-50% profit margin AND the huge bump that we could see in near future months from AutoNation and CarMax sales adding to all those dealerships - - - and when the cork pops out of the bottle and we start knocking down sales as the public onboarding hits critical mass... that's going to be the PayDay!

Yes... IF / WHEN... but that's the risk of being in the market with futures. Pay to play. But On4 is in the driver's seat with the 34 patents, apps, and more... and Steve is not being distracted by traders' games anymore. So I'm taking that bet!
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