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Re: stocksmanjr post# 51622

Thursday, 09/26/2019 8:24:58 PM

Thursday, September 26, 2019 8:24:58 PM

Post# of 79291
55 Million Shares to hit the market
(approximately) if people want to "break even"

Let's say if the people who bought in through Tony for (just less than) 10% of current share price want to "break even" on their initial investment, they would do this by selling approx 10% at .01 or above. That means that approximately 55 million shares could hit the market after Oct 3.

Do you really think if this stock is hit with that kind of sell volume it would stay around .01?

I think not. Then, as soon as it starts going down, those people will start to have to sell more shares to break even and the price goes further down...

And people here think the risk is worth it?!?

C'mon. You can do math better than that.

Plus the big question is still unanswered...
Where did the money from the sale of those shares go!?!?!