Wednesday, July 01, 2020 1:27:30 AM
As of March 31 2020 there was $339k still outstanding on the note. There’s been a lot of volume since then, sure a bunch of flippers in the mix, but that’s a nice chunk. Say 200m shares traded x .002 = 400k.
Looking at the financials since 2014 & comparing them to the 5yr chart....even with them doubling the OS to where it is now.....we hit .10 in 2016 with 700k cash at 1.4m assets......now we have 7m+ cash and 27m assets.......I am no authority figure by any means, but going through everything for the past hour like I just did, in my personal opinion....this thing is gunna blow through the god damn roof very soon, if there is anything left on that note, I see it being absorbed very quickly once we go current. They have never done a reverse split before either, so I’m not too concerned for that. Even if they maxed out current SS, it’s 3x what the os was when this hit .10 and had 1/10 the cash and 1/20 the assets......loading the boat in the morning....cheers
Looking at the financials since 2014 & comparing them to the 5yr chart....even with them doubling the OS to where it is now.....we hit .10 in 2016 with 700k cash at 1.4m assets......now we have 7m+ cash and 27m assets.......I am no authority figure by any means, but going through everything for the past hour like I just did, in my personal opinion....this thing is gunna blow through the god damn roof very soon, if there is anything left on that note, I see it being absorbed very quickly once we go current. They have never done a reverse split before either, so I’m not too concerned for that. Even if they maxed out current SS, it’s 3x what the os was when this hit .10 and had 1/10 the cash and 1/20 the assets......loading the boat in the morning....cheers
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