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BionicBoy

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BionicBoy

Re: wii1dr post# 132423

Wednesday, 09/07/2022 11:47:39 PM

Wednesday, September 07, 2022 11:47:39 PM

Post# of 142779
The company I picked as a comparison was immaterial. My point was that when a Pinksheets company massively increases the authorized shares, it is for a reason.

The reason is the dilution of shareholders. But, you tell me, what amount of sales would justify a $0.01 price when there are 2.1 billion outstanding shares? Would $1mil in sales justify this? Would the justification hold knowing that the authorized shares were increased for the purpose of dilution?

My posts are my opinion and nothing more. You should always do your own DD and do not buy any stock or anything else simply based on what I say.

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