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Thursday, September 12, 2019 9:36:12 AM
Lets put it this way...
Edwin William Kinvig bought his 14,285,714 shares from Tony for $10000. (Picked another random from the list on the filings) That means at .01/share, he needs to sell 1M to break even on his investment. That's 7% of his holdings. If everyone who gets their shares wants to break even (who wouldn't) just to ride the "freebee's" then lets say they all sell 7%. We would be looking at around 40M shares hitting the market, just for everyone to break even. That's assuming the price stays above 0.01...
...do you want to tell me it won't fall lower if that many shares hit?
...and do you want to tell me that at least a few people wont be more greedy than that?
I for one am going to watch this like a hawk. And if there is a big pump coming before October then I would look at trying to lock your profits best you can. GLTA
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