Saturday, August 13, 2022 8:44:18 AM
A blind and deaf man could see and hear the dilution taking place here and the 10000 to 1 reverse split that will have to come eventually. Note, the company is dumping these shares into the market at .0001. That is, the people who have inside information about what this company is doing (management) are selling shares for .0001.
That means that they know that the shares right now are worthless and are hanging this shell out to dry prior to their 10000 to 1 reverse split . (Or 20000 to 1 or 1000 to 1 or 500 to 1 or whatever. Current shareholders will be significantly wiped out)
No anger simple math.
It's very hard to pump this shell with the dilution taking place. But I understand that is the game of some people. Not mine.
Got out with a $2k gain. Trying to get out of FONU.
May buy back in AFTER the reverse splits.
Glta jmo
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