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Re: MD05 post# 907

Thursday, 07/04/2019 12:42:22 PM

Thursday, July 04, 2019 12:42:22 PM

Post# of 956
This thing ran to .04 twice and .15 once - if they’d PR what they intend to do with this shell, it’d pop to at least a dime! Then an RS would potentially generate some serious coin. Honestly, I had hopes for this one. 56m shares is a goldmine of a OS for an OTC stock, and with Dibiase owning 40m, that’s only a16m float! My goodness, with the right promo campaign they could run this to a dollar w/o the split.

Here is the line that concerns me:
“The Board believes the Reverse Stock Split is necessary and advisable in order for the Company to maintain the Company’s financing and capital raising ability.”

Underline “financing and capital raising ability.” that’s code for “We’re gonna reduce the number of shares and then dilute the Bejesus out of this, so we can pay the rent on our overpriced condos and Mercedes’.”

Hope I’m wrong, but so far I haven’t seen these guys do anything right yet, except buying this old shell.

Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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