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Alias Born | 01/21/2019 |
Sunday, October 03, 2021 1:58:13 PM
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.
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