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Friday, July 19, 2019 11:03:39 AM
Original Note: $25,000
Interest: $2,500
Total: $27,500
Maturity Date: July 2, 2019
The three lows experienced during the last 10 days before maturity on 7/2, averaged to be 0.0005. At a 50% discount, that would make it 0.00025. If you multiply 110 mil shares x 0.00025 you get $27,500, which is the total owed.
So for the last note, the shares issued is 110 mil shares. (Don't know for a fact that they have been issued, but the way the stock is trading indicates so. Read my stock statistics, as the other issued shares earlier will break even at 0.0005. This suggests that those were cleared already).
110 x 0.0005 = $55,000, $35K profit
110 x 0.0004 = $44,000, $19K profit
110 x 0.0003 = $33,000, $8K profit
110 x 0.0002 = $22,000, $3K Loss
Based on the way the stock traded this week, we definitely exceeded 110 million shares traded at 0.0004 to purge the diluted shares, as nobody can make money by selling shares at 4. It appears that some investors fell into this trap and sold shares at 4, as the total number of shares sold at 4 neared 145 millions. For example, one shareholder on the other board admitted to selling 4 million shares at 4.
In my opinion, the selling has been going on by investors but the trigger for the selling is dilution. For example, we started Q3 with a gap of 250 mil between float and OS. That gap is due to diluted shares that have not entered the market yet. Nobody can make money to sell at 4, but the note holder as shown above. It looks like We have reached the end here, and I think the buying will begin soon. If the CEO intent indeed to benefit longs and ask them not to sell in a public PR that went around the globe, then our time is coming and soon.
Good Luck....Buy an Expensive Space Suit over the Weekend...Gonna be a long journey to Mars.
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