My best trade ever was a start up that you all know from October 2020. PecosBilly was also on that E P I C ride, tess - oro. That stock had 4,000,000,000 shares outstanding. Yes, 4.0 billion outstanding shares.
Here with CSUI, we have 1/100th of that, 40 million outstanding shares, with about 75% already held by current management and company officers. By reverse merging the Bitcoin Mining company into the new empty shell, not much of a percentage of the company is being turned over to the “Average Joe’s”, like you and me. .
That other company, when I bought shares, had an $80.0 million market cap. This one, CSUI, however, when I bought shares this week, had a market cap of just 1/20th of the tess oro $80.0 million, here just $4.0 million market cap.
And lastly, the FLOAT from my biggest and best trade ever was also around the 4.0 billion share mark. Here however, CSUI’s Float is only 1/3rd the outstanding share amount, only 17.1 million shares. That’s super low, and quite a difference from a 4.0 billion share float.
So, here you have it, my best trade ever had 100 times the outstanding shares, 20 times larger market cap at the time of my purchase and a 4.0 billion share float. The stock went from .016 to $1.93, Tess-oro. And that’s with some crazy preferred share program that highly diluted the company. And I don’t see anything like that here, or EVEN THE NEED to have such a thing, because only 25% or less of the company is owned by the little investor like you and me! The rest is already owned by the Bitcoin Miners Founders.
Do you think this stock could see 10 to 20 fold for a $70.0 - $140.0 million dollar market cap? I’m going to hold on and see.
Shares are getting very tightly LOCKED HERE. I’m holding tightly for the Blockchain Bitcoin Mining Company and their excellent management team.
Recent CSUI News
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 07:09:40 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 01/12/2024 08:50:50 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 10/17/2023 04:43:00 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 10/13/2023 08:06:39 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 09/12/2023 06:47:50 PM
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 08/28/2023 09:04:07 PM
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Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM