Tuesday, May 24, 2022 10:48:08 AM
The little POS HODL'ed everything and diluted shareholders to pay for expansion and to just keep the lights on.
Bitcoin is in a Bull Market and could possibly, possibly see the teens again. The low $20Ks are very likely.
Now the PPS is tanking, investors are dumping and no new investment dollars coming in. Regardless of the Institutions that are said to be lined up and waiting for a $5.00 pps. More Frankie Bullshit. The pre 1:5 REVERSE SPLIT was heading for pennies regardless but at least Bagholders had their shares that they could sit on and wait it out. Now Bagholders are holding a Bag 80% smaller than it was yesterday.
So what's next? He's got to dilute once again or spend some coin.
I don't see any other Bitcoin Miners raping their shareholders like Frankie. They spend coin when they need funds for expansion/expenses
So what is it Frankie? First it was shareholders at the numerous conferences begging you to REVERS SPLIT because Market Cap was too high, now it's The NAZ demanding you "rollback." Ya gotta get your stories straight if your gonna sell all those lemons and rust buckets sitting in your used car lot.
Hero Worship Inhibits Free Thinking -- Don't Drink The Kool-Aid
. . . . . . . . and of course Reverse Splits SUCK!!!!!
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