Friday, March 13, 2020 12:00:30 PM
How are they going to sell 70,000,000 shares for $0.18 and end up with $170,000,000?
I'm not asking just about the ridiculous price per share. I'm asking about the basic math. Try it yourself at home. 70M * 0.18 = ??
And then how do you generate all that revenue, with much lower cost, but not turn a profit, ending up with an absolutely pristine balance sheet of all freakin zeroes, except for the one (unexplained) stinker of new debt?
And then add on the reverse split -- as soon as they can find two nickels to rub together.
Sheesh.
No wonder this is selling off. I wonder if the shares are already hitting the street.
I am obviously NOT an investment advisor.
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