Potnetwork Holdings Inc. (fka POTN)

[speed_of_light]

as i predicted on oct5-massive_increase_in_authorized_shares

i was right on timing - off on the exact amount, but directionally accurate.

perhaps the scariest part of the announcement is the concurrent increase in the massively dilutive preferred shares, which already represent billions and billions in extra share dilution.

10/5: "next_big_announcement: increase in authorized share count.

potn's revenues are decreasing while dilution is set to re-accelerate -- really really bad combo.

potn's closing in on that 1bn authorized share cap mighty fast!

i'm betting they double it to 2bn within the next 3 months...

just as the sun gives forth daily light so shall potn bless its shareholders with endless dilution!

gl!"