I'm impressed with the strength of the bid has crawled back up to what it is currently after the kick in the nuts we recieved from our CEO yesterday.The timing couldn't have been worse. We had great momentum yesterday and were fixing to break the 3 cents support barrier. After that this ticker would've had consistent growth up until the next support level. I believe atleast a few cents more finding support at the 5-7 cent level for now depending upon news and uplisting they've announced that they're gonna do. This uplisting and how they plan to reduce a large 3 billion OS "if it doesn't dilute even more" also worries me. I don't appreciate the lack of transparency when it comes to Lenny's over all game plan. Lenny should have a share Holder meeting so the shareholders have a better idea what moves Lenny intends to make regarding INKW uplisting and general direction he plans to take us and our investment. When Lenny announced the reduction of 500 million shares from the OS it came without any warning or reason just like the increase of the OS that we found out about in yesterday's filings. He made it appear he did the 500 million OS reduction for the good of the shareholders share price value and to get the PPS up to meet the minimum requirements of share price and sustain it for whatever particular market requirement is that they intend to uplist to. It now seems to me they executed this because Lenny knew he was gonna dilute us 800 million shares a short time later in this private Offering of 800 million shares at .007 It basically becomes a toxic loan that dilutes instantly without a year or so penalty date or a later date when the loaner is allowed to cash in his shares at a certain pre established PPS. What sucks is nothing stops momentum more than 800 million shares of dilution are coming and on a day where INKW is having one of its strongest trading days in months fixing to break the 3 cents barrier. Lenny let's us know that he's gonna create 800 million more new shares of dilution and he's gonna sell them 4x cheaper than yesterday's high of .029 that's another kick in shareholders nuts. PPS dropped instantly after what had been a really good day of trading strength and momentum. So we should discuss Lenny's options on uplisting with an OS of close to 3 billion shares. His lack of transparency with his overall game plan leads me to assume the shareholders best interest aren't nessesarily a priority or atleast part of his primary consideration he's making as regard to how he goes about an uplisting to get his company trading on a better exchange and market. We all know how OTC traded companies deal with lowering their OS to be able to uplist!! 95% of the time it's an unreasonable, criminal split that destroys shareholders positions so bad it's more like theft. Now do I believe a small reasonable reverse split could actually help us in the long run? Absolutely, if the company does it at a time when accounts payable vs accounts receivable are finally showing a change from operating loss to beginning to show profit. Then the New lower OS has a chance to remain as it is without further dilution and shareholders finally get to see our investments come to fruition. If it's one of the criminal reverse splits we see all the time on the OTC. You know the 1-500, 1-1000,1-5000 or 10,000 split or higher. It will be just like all the other scams on the OTC that destroy all of the long investors. Now forgive me if my math is wrong. It probably is and my calculator is missing. With a 3 billion OS wouldn't a 1-2 split lower the OS half to 1.5 billion shares? If accurate than wouldn't a 1-10 split lower a 3 billion OS down to approximately 93 million shares?? Or is my math retarded? My current 3 million shares I own would be reduced to 300,000 shares if I divide 3,000,000 by 10. Remember just like the trading PPS will become much larger so will your PPS average on the reduced shares you now own. I think that a small reasonable split could be good in the long run. But anything like a 1-250 or 1-1,000 ratio split is the ultimate kick to the nuts for shareholders. I'd like to know more detail how Lenny plans on reducing the overall OS for an uplisting??? I think we need a shareholder meeting from our CEO. Also I noticed in the filings Green concepts and our bottling factory has 1.5 employees. I'm guess Lenny is the only full time employee and the women he hired is the part time employee. This means that bottling factory isn't running continually during the week. There are no fork lift drivers hired yet or any other of the positions according to their filings they said they were hiring. Maybe the money he's generating from the private Offering he's doing will be used to hire the employees needed to get the bottling plant running up to capacity or as demand requires as we grow and move forward. These are questions we should all be asking. This is all my opinion of course. I've been here for years and will continue to be hopefully. Good luck everyone and any corrections in my reverse split math would be appreciated.
