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Re: TrackDude post# 122805

Saturday, 08/03/2019 11:42:51 AM

Saturday, August 03, 2019 11:42:51 AM

Post# of 196265
As I mentioned previously, last time Chicago Ventures were converting shares the price went from $.0128 to $.2659 in 2 months. Chicago Ventures has every incentive to keep the price up as well, in fact the more it increases during conversion the more they profit. You have to understand the agreement fully. So let's say they get 4 million shares at 20% of current share price, say $.06, So they acquired shares at $.048. So now they have 4 million shares with absolutely no incentive to drop the share price, instead they have every reason to continue to watch the share price appreciate even higher to make more money on those 4 million shares. CV has never just dumped shares. They put shares on the ask and allow new investors to come in and grab cheap shares.

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