InvestorsHub Logo
Followers 25
Posts 6811
Boards Moderated 1
Alias Born 06/11/2020

Re: None

Wednesday, 03/03/2021 8:29:48 AM

Wednesday, March 03, 2021 8:29:48 AM

Post# of 112646
No fundamentals here just meme hype and conjecture in my opinion and according to the very recent history of this stock. I doubt that you will see another financial filing until they get the balance of the 1.8 billion shares pushed out. If you are long this you will be as screwed as shareholders only a year ago were after the 2019 reverse split. The price here dropped from .70 January 2020 to a penny in five months. Why? because they are a fundamentally broken share selling entity in my opinion and the SEC is looking to crack down on these kinds of tickers.

That one million dollar Blue Citi note is still out there from what I'm seeing and it matures at the end of this month. It converts at "60% of the lowest price of the last 20 days." So it doesn't matter what the price is in this case and there is something like 400 million left of the authorized share count. get ready for the fun.

The link to the OTCQB application not only details some of the debt but also shows how low the share count was as of July 2020. Only 188 million. I doubt it will take Jason long to rev up the dilution machine again after the next reverse split.




https://backend.otcmarkets.com/otcapi/company/financial-report/254499/content
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ATDS News