Bangi Inc (BNGI)

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IF this is dilution, it is absolutely not over.

Many are scared of dilution because of the bad rep behind it, although dilution isn’t necessarily a bad thing as that is the purpose of going public is for access to more capital to handle operating costs; like I said though, it has a bad rep.

Let’s just say it is dilution to pay off the 500k.

The last few trading days has traded well over 1M; easy. So, if this was dilution, there’s been enough money to settle said debt.

Let’s not forget the huge blocks of buying when months of consolidation between .0002-.0004.

This could easily be retail (potentially two large holders) who got impatient and settled with profits in this channel (maybe they were hoping to dump mid teens).

We could very well churn here for the next week or two, or three if that’s the timeline for ticker change.

But the plan is still set forth and updates will come.

Not sure of the typical wait time for a ticker change is?? If anyone can point out a timeline that’d be great and TIA. But, PRs are ready once it happens.

Let’s not forget the team in place here.

I plan to load more and would be great if .0006 is at the ask at the time more funds become available. Yes I’d be down a bunch as I also purchased at a higher price, but I’m confident in the team put together and they are eager to get the ball rolling. All they can do for the moment is submit the paperwork for a ticker change and work on more farm deals (or at least my hope as a long term investor here).

Let’s not jump the gun after coming so far and seeing the stock take a great spike. I’ve seen many spike like this, retrace 50-75% and run like their pants are on fire.

I wasn’t in it, but look at LFAP as a prime example.

We’re good still.