Jade Art Group Inc (JADA)

[Midwestrader]

Here's a fun fact for you. Since Wayne decided late last year for all his hard,demanding,excruciating work "running" JADA he needed to be payed $100,000 PER MONTH starting 1/1/22.

IF you max out the OS with the available AS shares and get 0.0155 for all of those shares that only pays him $620,310. On July 1st he will be owed $700,000 by JADA shareholders. Yes shareholders are 100% responsible for this debt ($1.2 MILLION PER YEAR) that HE decided on with no shareholder vote.

So..JADA shareholders will be almost $80,000 SHORT and the available shares in the AS will be exhausted . There's going to be a day or reckoning coming sooner than later from this BS in the form of massive dilution to pay his tab and the $450-$500K per year rent on that 37th floor office Penthouse.

It also means the float jumps to 42,600,000 from 2,580,000, and that's just the beginning. He will still be owed another $500,000 by December 1st. That could take another 50M shares to cover if the pps has only dropped to 0.01 by then. I figure it will take 45-50M more shares of dilution per YEAR to cover the rent on the Penthouse when that goes through.



NICE...........