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Re: Snug Harbour post# 191944

Friday, 09/14/2018 11:51:19 AM

Friday, September 14, 2018 11:51:19 AM

Post# of 207108
Weren't there 888,541,800 shares before the 100 to 1 RS.
I think the shares were selling at a faster clip then too.
Common thought among those thrown from the wagon was that JBZY had killed their golden geese (shareholder and "shell" alike). Stock plunged.

If I'm not mistaken 500,000 shares per month dilution is equivalent to about .056% of 8,885,541 (August share count per your post).
That's about (X 12) 0.67% annually.

What's the inflation rate eroding dollars (cash) in the bank?

Fact is No One Else (NOE) is selling their holdings in JBZY. The REMAINING shareholders are LONG for a reason. This is not a flipping stock. Not enough shares available on the market to make it worth flipping. The (bidders) buyers may not even be buyers so to speak. Perhaps the diluted shares are being used to pay operating expenses to others who see the emerging value in this silent beast. Shares directed into Good Hands so to speak. Sure they can sell them if they WANT, for $0.40 a share, or sit back and enjoy the ride.

Wait until the FS because > 10,000,000 shares won't be enough to appease a world wide appetite from Hong Kong to New York City. More
less-expensive shares will draw more flies when the honey is put out.

What we don't (and I wish I could) is the way the share prices line up after the first four or five BIDDERS / SELLERS generally shown on the charts. Someone is selling one share for $200 and someone is bidding $.01 or some ridiculously low bid per share. What's going on in between? Is that Level 3 that brokers use and we only get Level 2 if we pay for it or have (FREE) brokerage account privileges