eWellness Healthcare Corp. (EWLL)

[Pctwst]

The first thing I do is check the filings then decide if the hype out weighs the filings. In this case, 5 filings in a row stating we approved a 1-2000 RS and no revenue in a pandemic for a telehealth platform resulting in giving away the IP and the platform to off set bills tells the story clear as day for me. On top of that the CEO and other officers jumped ship as well. Phzio Canada distanced itself from EWLL too.

There was the bigfoot money that didn't come through and now a merger with a company to sell sanitizing products with a supplier that can't pay it's rent and appears to be not manufacturing product at this time (unless things changed recently).

I believed that they had a chance when the pandemic hit. We fought about that. Now I believe there is very little to no chance for anything other then the sale of common shares that can only happen after the 1-2000 RS. It will be diluted very quickly as they have no other way to make money and operate.

Assuming that the OS is 20 billion at the time of the RS. The OS instantly becomes 10 million with a 20 billion AS. It will drop like a rock to sub penny quickly.

So if it is .0001 to .0003 at RS the pps will be .20 to .60. How fast will it drop is the question. Then add the billions that will be dumped on the ride down. This will get ugly quickly.