Thursday, December 23, 2021 10:42:37 AM
.001 conversion price = carnahan/balmford scam
50%-80% of avg closing price prior 10-20 trading days = pretty much par for the course in OTC financing. Very fair prices for the capital injection.
.12-.25 conversion price is VERY GOOD considering our current pps. indicates these creditors have done due diligence, likely have more info than we do, and believe in the future of where we're going.
"Could be impaired" - is pessimistic... there's no indication of that at this time.
cost of revenues negative - good... marketing, sales, admin costs, etc. use every dollar to generate more future dollars & is tax deductible.
Company is spending to build/acquire crypto exchange and nft marketplace platforms as previously announced.
Operating loss... very good accounting... means no taxes. I'm very happy about that and looking forward to months/years to come when these numbers are all much higher & market cap follows.
To me, it would only look ugly if the co was not generating revenue and growing assets. Since they are, it looks more like a growing company should at this stage, and during a pandemic. Very promising for the long term. Since I am investing and not trying to flip or swing this, I'm very satisfied by what I see.
For each negative there are offsetting positives. If that changes, my opinion will as well.
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