Thursday, May 05, 2022 2:59:06 PM
The last bit of dilution of 31M shares(a 56% increase in the OS by the way) only covered about $35,000 in debt which was probably mainly interest leaving the principle to continue to build interest at an exorbitant rate. The death spiral has begun with most of the noteholders converting also having lawsuits against them.
$5000,000+ in toxic debt, 0 revenue, 4 lawsuits and a shareholder settlement they still haven't paid out.
This is a losing proposition for anyone.
We all choose to invest our money. Whether we win or lose is solely due to the person in the mirror and his/her ability to do DD. Finger pointing and a lack of personal responsibility are simply sad traits that the weak-minded possess.
FEATURED Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM
North Bay Resources Announces Mt. Vernon Gold Mine Bulk Sample, Sierra County, California • NBRI • Sep 11, 2024 9:15 AM
One World Products Issues Shareholder Update Letter • OWPC • Sep 11, 2024 7:27 AM
Kona Gold Beverage Inc. Reports $1.225 Million in Revenue and $133,000 Net Profit for the Quarter • KGKG • Sep 10, 2024 1:30 PM