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Tuesday, February 08, 2022 3:34:31 PM
Let’s do some simple math, a good break from tensor calculus (highly advanced relativity mathematics).
Current share price is $.045/share. Multiply that by 200, and the new price is 9 dollars per share. Multiply $9 by 100,000 shares, and the value of those shares is $900,000.
So these people gave themselves about a million dollars at the expense of their shareholders.
But these figures are slightly off, as I believe the CEO and some others gave themselves more than the number of shares you suggested. But you get the picture ?
And that’s not including the compensation they gave themselves, again, at the expense of shareholders.
You’re allowing your feelings to cloud your judgment. And for you, as much as you’ve claimed to have invested, this isn’t a laughing matter. So, you should not be doing the whole “lmao” or “lol” thing.
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