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Post# of 108192
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Bourbon_on_my_cornflakes

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Bourbon_on_my_cornflakes

Re: SKTrader1 post# 82703

Monday, 10/08/2018 12:28:38 PM

Monday, October 08, 2018 12:28:38 PM

Post# of 108192
"I expect in late November they will be requesting authorization to issue more shares. That announcement will push this stock to .50 cents a share and could be followed on after by a RS to stay listed."

yep. the next proxy will ask for authority to sell 80-100m shares, for one year's cash burn. at that point long term shareholders will be diluted down to 20-25% ownership.

The offering will be shunned by tutes, and sold to traders and flippers. More warrants to make it a no-risk game for the traders.

Yes. .50 share sounds about right.

You have to ask yourself, "Do I feel lucky?" Well, do you short punk?

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