InvestorsHub Logo
Followers 17
Posts 1579
Boards Moderated 0
Alias Born 05/15/2018

Re: None

Sunday, 08/22/2021 1:27:27 PM

Sunday, August 22, 2021 1:27:27 PM

Post# of 71087
The Secondary Public Offering has no direct relationship to any Merger. The Secondary Offering is to Raise Capital to be use by the company as it see fit: merger, bulk product purchase, refined product purchase, what ever...

Here's what the Secondary Offering will accomplish:

Value of 20 million shares as of Friday's Close 8/20/21, Before and After Secondary Public Offering

Befor Secondary Public offering:
outstanding shares 5,929,175,660
value per share $0.000700
total market cap $4,150,422.96

Value of Secondary Public Offering
additional shares 10,000,000,000
offering price per share $0.0005
total value of offering $5,000,000.00 (NOTE: THIS IS BASED ON OFFERING PRICE NOW, At the time of sale the offering price can and most likely will change as Bishop's see fit.)

After Secondary Public Offering:
Outstanding Shares after 15,929,175,660
value per share0.000574
Total Marker Cap $9,150,422.96

Before your 20mil shares were worth $14,000.00
After your 20mil shares will be worth $11,488.88
(Note: if sale price were to go off at .0009 your value would be $18,000 and up depending on price)

THIS IS THE MAIN DIFFERENCE: AFTER OFFERING IS APPROVED AND STOCK IS SOLD, BISHOP HAS CASH TO WORK WITH. Before this, with no cash he could accomplish nothing, now he has a lot on room to work in to make the company back into something profitable. Now merger talks, partnerships, purchases of product, services, etc… can happen with the news of this offering and future capital.