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Monday, December 13, 2021 1:06:45 AM
Address: 0xe04f320bcc0e8796e2e6092b3796c722a1220bf5
Eddie supposedly has far less than 10 billion. So who was it?
In order to receive those the person supposedly had to own 10 billion shares of BDGR or 5 Billion of PRPM, or some combination thereof?
Autopsy by Math
So let's say by some miracle that person bought those shares of both at .0001. That would mean they had to lay out $1 MILLION in cash for BDGR or $500k worth of PRPM, or some combination ..and done so long before any "token dividend" announcement. So if this person actually bought those 10 billion prior to the cutoff date, the O/S of each ticker was:
BDGR: Total shares outstanding: 21,491,666,667 as of date: 06/30/21. Entitled to tokens at a rate of 1:1
PRPM: Total shares outstanding: 10,821,252,428 as of date: 07/31/21. Entitled to 2x tokens (21,642,504,856)
That's a total dividend liability of roughly 43 billion tokens.. and some guy just got 10 billion of it.
Whoever it is is not disclosed as a "beneficial shareholder." Most likely a secret crony or other unnamed insider. My money is on whoever is supplying the (*cough cough*) "art assets."
Do not buy, sell or make any investment decision based any information or opinion I post. Conduct your own DD.
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