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Friday, April 09, 2021 9:09:36 AM
The market cap for this company is $87,000,000. Thats $87 million dollars for a rusty building with no production
I answer your question with a question-
If you were very wealthy would you pay $87,000,000 for this company?
What you’re proposing is the company would be worth 5 Billion!
It’s simply not possible
Also - if the means by which a company raises capital is by creating debt on assets it doesn’t own yet, and then converting that debt to equity (the only way this company has ever operated) there are two major problems with that...
#1. The equity will never catch up with debt and will never have value.
#2. It’s illegal for the company to raise cash through debt conversions by the SEC. that means you can create all the debt conversions you want but you’ll never have any cash to operate those assets with
I tell you sir - if this stock goes to 15 cents and even at .01 cent it’s over valued and is illegal
They would have to lie even more than they are now.
This is a scam - but you’ve been told I handed you a parachute and there’s not enough to go around and the plane hasn’t crashed yet
Find you another investment - this one is toxic and will ruin a lot of people
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