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Wednesday, May 08, 2019 9:59:46 AM
Yield wasn’t even an issue when this garbage stock BEGAN its fall from near $0.02.
Did the yield sign help in the $0.002-$0.003 range?
Nope.
But it was going to keep falling no matter whether there was a yield sign or not.
Why?
Because Steve Berman is diluting shareholders with convertible notes despite his claims of record revenue.
Question: if a company’s product is shares, and that company produces record numbers of shares each month can they claim record revenue?
Answer:
Yes.
People who claim that “dilution is almost over” clearly don’t know what they’re talking about because it ain’t even close. In fact, as the price drops it’ll only get worse.
If the A/S gets maxed out all you do is file for another few billion.
It’s ONCI’s job to create shares...and they’re doing just fine in that regard.
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