Right On Brands Inc (RTON)

[bucks2pennies]

I wish to amend my previous presumptions. I did really forget a primary consideration of ownership when I mentioned that I felt there might be 8B worth of notes out there. Now I feel there are substantially fewer.

Ownership is critical to a start-up, at least I would think so. Having said that, a prudent CEO would NOT obligate notes having a conversion value in excess of 50% common/voting privileges. The increase in the A/S recognizes that potential. The obligated notes and other conversion/voting rights must be high but not nearly as high as 51% of the A/S at this stage.

It would be less than 4B shares I would guess. Not even close to 8B shares. I am also assuming ownership/voting privileges is being controlled by the CEO and other insiders that run the company and those shares are NOT being considered 'for sale'.

Now I am seeing that the 4B threshold of O/S possibility NOT being that bad for the potential RTON offers in obtaining revenues.

I guess I am saying that the right PR(s) still have a good chance of rocking the current PPS to new highs as volume shoots up tremendously due to FOMO. I am guided by the degree of emotion built up in any ticker. RTON may easily have what it takes to 'shoot to the moon'.

May it happen. At least I personally feel better with my current thought.