.0001 to .0009 PICKS ONLY

[PowerPlay1]

XMET .0009 Check this out Going To Fly Buy AM $


N00B90 Tuesday, 12/15/20 08:20:58 PM
Re: PROPHET-of-PROFITS post# 22269 5.000
Post #
22273
of 22279
I tried to put it as simply as possible in my updated DD above.

The new owner bought the 100M preferred shares which have the power of 10B common shares. The 8-k also states these hold 93% control of company so the common shares are worth the other 7%. If 10B(power of preferred shares)=.93 then 7%(common shares)=approximately 753M c'mon shares.

Interesting enough if you subtract 8.27B previously invalid shares from 9B total valid shares you get a very similar answer which plays into an earlier theory.

We also know the 9B valid used to cover the 8.27B previously invalid was never filed with the SEC because the AS and float are unavailable and the 8.27B invalid shares are still displayed as OS and held by DTC. The likely answer is he was waiting for claims to clear so that he could cancel the full 8.27B without having to worry about settling any possible clas by awarding shares instead of cash.

It also may have been a legal requirement before the treasury could buy back the shares from market using the .001 par value held at NVSOS. If you checkout NVSOS website you will see the total par value as $9M or .001 for each of the 9B valid shares

We saw very interesting activity at .0009 today. What looked like 1B+ask volume was shrinking but the volume wasn't changing with the shrinkage. Likely the market shares(not shareholders shares) was selling these shares back to treasury for .0009 which leaves a +.0001 balance when subtracted from par .001. the treasury share is then marked at .0001 and voided out.

The buys that happened today we're from panic sellers who did not understand what was going on.