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Re: Cbrnlol post# 72713

Friday, 05/20/2022 10:44:55 AM

Friday, May 20, 2022 10:44:55 AM

Post# of 73454
You used to be a rational guy, you are the one who made me aware of FLES 3years ago.

They have had a rough patch and prior to this most recent RS they had only 15M shares in the OS since the last RS and the only reasons it was that high is they converted all their preferred shares to commons just prior to the most recent RS.

They were trading at .60 - .75 for moths after years of minimal dilution. Preferred share conversion wasn't technically dilution because they have been there all along.

Now you think they converted all their preferred shares to commons so they can dilute their own shares with the rest of the shareholders.

With a .70 share price and a 3M share float, they had no reason to RS other than to achieve $4 for 30 trading days for NASDAQ up list.

They are working with MAXIM group LLC, who has been involved in billions of dollars worth of capital raises and IPOs.

You are better than this man! I know it.

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.

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