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Re: None

Wednesday, 04/27/2022 10:05:10 AM

Wednesday, April 27, 2022 10:05:10 AM

Post# of 14877
I have to disagree with you... 'dilute and dump' is kind of hyperbolic & doesn't really stand up to scrutiny. Only abt 2.3 mil shares debt conversion in 4th Q by Chris Balmford... who still holds a little north of 37 million shares worth of debt (if converted) & no indication he liquidated. More likely scenario is 'dilute and hold'.

I don't see debtholders 'dumping' right now... they'd be devaluing the vast majority of their holdings... & for at least one noteworthy debtholder who converted shares in 3Q, I'm seeing indications of increased contribution to the growth of the co in terms of providing human resources.

As for day to day SP all I see is low volume churn in a channel from .05 to .08. Mostly flipper type action.

I suspect insiders are holding pretty tight & continue to accumulate... but time will tell. We'll get a quarterly report here in a couple weeks & will be able to paint a clearer picture.

In the meantime, the more frequent & consistent updates seem to be buoying the SP at least a bit.