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Re: None

Friday, 08/10/2018 2:39:11 PM

Friday, August 10, 2018 2:39:11 PM

Post# of 192688
Death Cross, Dilution and a Reverse Split. No one seems to notice the DEATH CROSS on the chart today.






Chart looks like a cat being flea dipped and all the fleas scrambled to the top of the head which remains above the water. If you look you can see them running around on the tip of the nose.
From past experience the Death Cross bounces may go as high as to test the two moving averages which are currently .61-.62ish and falling. hint Monday is Third Day In Play Collect Your Pay

From Nasdaq

Definition:
A bearish signal generated when the 50-day(short-term) moving average crosses below the 200-day(long-term) moving average.

https://www.nasdaq.com/investing/glossary/d/death-cross

Dilution

Do warrants dilute existing shareholders?
When a warrant is exercised, the stock that is purchased upon exercising the warrants needs to be issued new by the company. ... If you own common stock in a company that also has warrants outstanding, any exercise of the warrants will increase the number of outstanding shares thereby diluting the existing shareholders.

Ok Rory gets 2mil more shares which increase the OS and Float will be interesting to see if those numbers increase are reflected on the next update.
In addition

CUIN2 Member Level Wednesday, 05/23/18 08:05:42 AM
Re: jcoxs post# 69258 0
Post #
69259
of 69300
Rory raised $2,500,000 million per year which is the approximate burn rate for the last several years. Rory did indicate the uplist to NYSE or NASDAQ will require an additional financing however.

You should listen to the last few SHAC videos for verification
, otherwise your comments come off as uneducated to the facts.


On the subject of Reverse Split. For months all we have heard is Uplist this summer uplist this fall uplist in 2018.

Well the pps is .50ish, way to low for Nasdaq/NYSE min pricing. Donahue advisory was hired to advise Rory on how to uplist. Can anyone think of a quick easy way to get the price up to a min of 10 times higher than current price? What could Donahue possible recommend? The only answer for a company with little to no revenue and a down trending stock price is a very aggressive Reverse split.

Take a hypothectical best case FUSZ L&S that bought 100k shares at .10 for $10k, rides the stock to $3.04 for $304k a $294k gain but fails to sell, stock falls to .50ish ,still holding $40k gain, but leaving $250k gain on the table. This is current situation. Death Cross pps, dismal revenue announcement pps continues to bleed, sell off takes pps to test/close gap at .255-.265 then settles at .33. majority of L&S are BHs at this pt and very discouraged and disgusted with the volatile OTC. All they want to make it to the promised land (Nasdaq). The answer lies in Donahue's hand with the RS. The RS is announced, the L&S rejoice. The price to uplist must be maintained for an extended period so better make the RS count. 100 to 1. The pps goes to $33 and our hypothetical FUSZ L&S who had 100k shares now has 1000k shares at $33. Over the next few weeks the pps falls dramatically to the uplist target of $5-$10 as no one on the OTC wants to buy it. At $10 he breaks even 1000 shares worth $10k back to where he started. Anyone else that bought above .10 holds a big loss. New shares are issued for the Nasdaq and the OS and Float increase dramatically. The L&S feel left out, betrayed and need someone to blame for their lack of vision.

Dont think this is possible. Like the ad on TV. We know a thing or two because we've seen a thing or two.
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