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Re: Pennyes post# 111497

Sunday, 07/18/2021 6:27:17 PM

Sunday, July 18, 2021 6:27:17 PM

Post# of 112648
Longs have a lot to complain about but if they were on this board I pointed out the problems for a year now and caught a lot of flack. The dilution has been about 400 million shares per quarter since June 30th 2020. That isn't an average that is the normal total for each quarter. The first quarter of 2021 was 398 million and much of that was priced between $20 and $60+ (.01 and .03). Jason pulled forward this summers notes and paid them off during that madness along with raising some cash. All this despite the filings that detailed the dilution to come.

New game for the moment for new entries. The benefits from the money that was poured into this the first quarter should begin to show up in the Q2 report. That should be coming out the first week of August like last year. I am anticipating a rise in price going into earnings but who knows. I would be surprised if they allow a close below $4.00 because if destroys their narrative in my opinion. If they are diluting now they are playing with fire and the prospect of being sent back to the pennies for good. Same as after the last reverse split.