Monday, March 21, 2022 11:14:16 AM
They will dilute over 5 BILLION shares. The price range they are doing this at is between 0.00035 and 0.00105 as per the filings.
Until those shares are provided, this is soft locked at it's current price range, and the current price range makes 100% sense given what's occurring.
You should not expect any significant movement until those shares have been distributed.
5 Billion shares is too much to eat through and surpass with a run. If we pushed this up to $0.01 over a day, they'd refile and pour those 5 billion shares onto the run, turning it into a crash.
Ultimately, all companies suck in OTC, and runs happen despite companies, not because of them. It's a fair assessment that this company is trying to profit off investors not their business. With a market cap at around 6 million though, a medium sized hit could go extremely far.
The only somewhat good aspect is WRB project. That is a company maker...but I fail to see them pursuing it with any sort of aggression.
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