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Monday, July 16, 2018 11:53:34 AM
But, this all depends on a lot of factors:
I do believe George will handle going after the ~600m off shore shares, all of which are owned by either incarcerated criminals or dissolved entities, when the time is right. George issued 700k shares to an SEC lawyer affiliated with Maxim. I think these shares are in payment to handle the legal ensemble that will entail cancelling those shares. Those shares are restricted.
Just look at other spec plays and then try to factor in $BYOCs float.
People are so idiotic about RSs. Comparing this to a particular pump and dump ticker during the MJ rush isn’t even relevant. I don’t get why people hate RSs if the purpose of it is to uplist. RSs are bad when companies are already on the Nasdaq and need to do it to avoid getting delisted, or if the ticker is a garb penny stock with tons and tons of convertible debt that they do it to give insiders a way out. This is neither of those. People are just morons and some other individuals know the RS is not a bad thing.
People saying there will be no RS are still just pumping to penny players and aren’t willing to understand how this process works.
If I had to speculate. Run to .50 before r/s and we see a 1/12 RS to uplist. Pure guess. Not a lot of substance behind that. Just theorizing value of companies coming in, which is also a guess. Don’t just take my word for it. I have no real idea.
Now you Dwyane me...now you Dwon't
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