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Re: bspader post# 7119

Monday, 05/18/2020 8:03:06 PM

Monday, May 18, 2020 8:03:06 PM

Post# of 24830
You clearly don't understand. You are going to be diluted by 3x. Geez, you don't get it. She is getting 3x the amount of shares issued for her company. So at the current price, they are valuing her company at a notch under 6 million dollars based on today's price. I realize this may be more math than you are used to doing for a penny stock, but that would be less than 1/2 its current sales price. Even if they do a reverse split, as long as the convertible notes are out there it will get blasted down to oblivion. Each time is happens successively faster because people won't jump in like they did the first reverse, second reverse, third reverse.
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