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Monday, July 12, 2021 11:32:24 AM
"on 4/30/20 the O/S ballooned to over 2B" That should be 22B.
As of October 31, 2019, our last fiscal year, the number of shares outstanding of our Common Stock was: 428,605,234
One year later, after the convertible note holders began to be issued free trading shares.
As of October 31, 2020, the number of shares outstanding of our Common Stock was: 5,785,201,491
The conversion notes continued to be exchanged for free trading shares.
As of April 30, 2021, the number of shares outstanding of our Common Stock was: 13,995,992,699
Now there are 22,763,018,412 shares outstanding.
And until the former note holders have relieved themselves of their shares, the stock will have trouble gaining upward momentum after reaching a high above a penny back in February.
You can lead a horse to water. But you can't make him get down on one knee and do an Al Jolson impression!
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