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Re: Fireindahole101 post# 1920

Monday, 09/30/2019 7:17:27 PM

Monday, September 30, 2019 7:17:27 PM

Post# of 90734
So worst case scenario, let’s say we don’t see any revenue from the $10mil deal (if you don’t know what deal I am talking about, let me know) printing on their report just yet.

The company always traded above $3mil market cap, but the A/S increased per SEC requirements for them to have 5x - 10x enough shares to cover for conversions.

It is still my stong belief (& also CEO mentioned that they will) that, once the conversions are done, the increased A/S (which increased from 75mil to 150 mil on 02/19/2019, then from 150 mil to 400 mil on 07/30/2019) will be reduced and retired again.

Just by doing that, the pps will go back above $0.10, which will give the company market cap above $3mil again because main reason why the pps came all the way down here is the fear of dilution (like diluting to the max like other stinky pinkies), and the mm’s manipulation.

So as much as i hope to see the revenue on the report, i am trying to see how much of conv notes converted, paid off, and/or re-negotiated for future conversion.