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Congrats we long holders are now down only

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Rhinegold   Wednesday, 05/15/19 04:13:08 PM
Re: None
Post # of 8139 
Congrats we long holders are now down only -50% post Reverse split.

So from the Filing, the float is low, (to create liquidity these diluters will of course dilute ) the AS is 1.4 BILLION so plenty of room to drop dilution again.

And from the filings, Net revs are about $650,000 great huh? But the Liability/operation costs are $550,000 so several months they have $120,000
yahoo

So 160,000 public float, revs are $120,000 makes the market value of the stock really worth .75
so buying at $3.00 is over paying by 4x

Now when the Outstanding shares are dumped in the mix that $120,000 divied by 27 million = .0044

Quote:
Total shares authorized: 1,400,000,000 shares as of date: March 31, 2019
Total shares outstanding: 27,156,822 shares as of March 31, 2019
Number of shares in the Public Float: 160,282 as of March 31, 2019



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