And lower we go! Over 300 million shares were diluted in October, bringing the total outstanding to 1,915,609,629 as of October 31, 2019. It must be that the company continues trying to sell into the news as we have dropped below the benchmark price of 0.0008! We are over 6-million in debt:
"As reflected in the accompanying unaudited financial statements, the Company had a net loss of approximately $510,274 for the quarter ended September 30, 2019 and net cash used by operations of approximately $1,335,058 for the quarter ended September 30, 2019 and an accumulated deficit, stockholders’ deficit and working capital deficit of $4,114,291, $1,078,853 and $1,083,161, respectively, at
September 30, 2019"
And yet Larry continues buying this dog! Nearly 90-million, half of the purchases at a penny or more.
Question:
Why hasn't Matt Goldman filed any form 4's?
What has Matt Goldman been-promised, and what is his salary?
Is the company planning on selling shares until all the Authorised shares have sold-out?
Is the company using its own hardware and hosting services?
I know Larry isn't the brightest bulb, but I find it odd that he would throw away well over 100k. Since I have only been an investor for over 2-years, maybe those who have more cred with management can ask the questions I have pondered. They will NEVER return my emails or phone calls. I have watched their feudal attempts at raising money until they finally just voted to increase the Authorised Shares to 3.7-billion back in July!
If anyone desires to make a stupid remark, I suggest you review my prior posts. I have owned this dog of a-stock before 99-percent of you ever knew it existed!
We will see what the first quarter brings us in terms of revenues. If they can become self-sustaining next year, we may have a chance. As usual, more questions than answers. I see all the oldtimers have left the building, and I am one of the few that remain. I have to see how it ends!
Happy Holidays,
Biff
