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Re: None

Tuesday, 08/09/2022 7:21:35 PM

Tuesday, August 09, 2022 7:21:35 PM

Post# of 49873
It isn't like they don't need to sell shares. It appears to me that they can't below .001 so they have to write notes that are even more toxic than before. If you look at the recent efforts to get the price to run with several days averaging 100 million or more, we see that the runs failed back to their start much quicker than in the recent past. I have to wonder, when do the losses that consolidate below .001 begin to move the price even lower on their own.

How did so many 6s pop into the market so soon after the runs? Is the son moving any of the 100 million shares that he holds at .00025? Those shares won't show up as an increase in the outstanding share count. Sooner or later new money won't risk getting stuck with those 8s and 9s. LOL. All this downward pressure without the company diluting. At least before we could blame dilution. Now that the story has matured and the numbers are in there is little to motivate buyers in my opinion. The debt continues to crush this company and Leonite is milking it quarterly just with the servicing of their debt.

Everything that I post is just my informed opinion and is simply an invitation to debate. Trade on your own due diligence please..

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