RemSleep Holdings Inc (RMSL)

[ARanger51]

PROOF THAT THE COMPANY IS NOT SELLING SHARES INTO THE TRADABLE FLOAT

Contrary to what some here have posted, there is no dilution on-going to the float. While the shares from the offering WILL increase the O/S, the float (the shares we buy and sell) is NOT getting diluted...

From the 10-K under NOTE 11 - SUBSEQUENT EVENTS

On April 1, 2020, the Company sold 3,000,000 shares of common stock for total cash proceeds of $15,000. The shares were sold pursuant to the offering statement recently filed with the SEC.

If you look at volume from April 1, 2020 the volume was 619,270

https://www.nasdaq.com/market-activity/stocks/rmsl/historical

Additionally, while it is true these shares are not "restricted" per the offering filing, they are NOT being sold on the open market into the float. Therefore they must be Private Placement shares which are sold to "qualified investors" at .005. See offering filing for who can be a "qualified investor." (1 mil+ net worth excluding home value, etc...)

And while true, after these shares are sold to "qualified investors" they can be sold, selling is NOT going on. And quite frankly, why would someone who qualifies to buy these shares directly from the company at .005 turn around and sell these shares at .006 for a measly 20%? These most likely are long-term investors who see the massive potential in this company and probably colleagues/associates/friends of CEO Tom Wood and management.

All IMO but I think im spot on here... Thoughts anyone?

$RMSL