Tuesday, March 01, 2022 5:04:17 PM
So we have seen over 500 million shares trade in two days now and it looks like the price is making a round trip. Looking back at the daily volume, 500 million represents more volume than the combined daily trading since the first of December. I suppose I would be out of line if I suggested that this promotional push is for converting some debt. That the note holders likely got conversion price adjustments per their note language based on the low last week of .0005. I also check the OTC site almost daily for share count updates on a number of tickers. I can say that this one normally keeps that date current and it appears to now have stopped on the 24th which was last Thursday. Not saying that dilution is a fact, just putting the variables together.
Everything that I post is just my informed opinion and is simply an invitation to debate. Trade on your own due diligence please..
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