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Re: HighPeaks post# 21969

Sunday, 10/03/2021 1:58:13 PM

Sunday, October 03, 2021 1:58:13 PM

Post# of 32649
I added all the Notes Payable since 2018 up to the last Q2 Financial which ended June 2021,this company has accumulated around $3 Mil in debts which i think is very small. However, since June 2021 up to present, we noticed a heavy dilution as evident with the Outstanding Shares increased up to date.

However, this company cant dilute more than 2Bil shares because thats the maximum they can dilute based on the Reg A Filing in May 2021. I assumed, the heavy dilution occurred because of all the projects they have going on, acquisitions, movies and television productions.

This company has $28Mil in Assets versus only $1.8Mil in Liability. Based on what i know, ideal penny stock company in OTC cant have more than 20% ratio in Liability towards the Assets. PSRU sits around 16%

Now, if Fungy is launched in the middle of October, this will be a game changer as that site is expected to make a noise, new investors will come-in as this site is exspected to make $1-3Mil in revenue per quarter, on top of the revenues from the movies and tv shows they have produced or partnered with.