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Re: DJ Ponder post# 131891

Friday, 10/14/2022 2:10:03 PM

Friday, October 14, 2022 2:10:03 PM

Post# of 132257
So, when do you think they will have the next reverse split?

I was not saying that they won't do a reverse split, just that I think that they won't do it soon, for the 2 reasons that I have. I also suggested that, given this is the OTC, that it could be sooner, but my expectations were later. Even for a "scammer" or "scumbag" like Strickland, I think he will wait. I could be wrong, and if so, it won't be the last time that I am wrong. However, perhaps after 5 to 10 billion more shares, or if the stock languishes at 0.0001 again, then they will execute another reverse split. It's not there now, though if the current price trend continues, it will reach that price milestone in the near future, though maybe not before the end of the year.

As I have suggested before, this is not a good company. No revenue, no assets, no real hope of either, at the moment. I did think they had a realistic shot at having both assets and revenue over a year ago. That obviously didn't happen. They didn't seem to want to succeed. The stock, long-term, has not been a good one either. There have been some short-term swings that some have taken advantage of, though.

I agree that Stickland does not have a good history with the stocks he operates and controls. It's easy to defend the claim that he is a "Scumbag", as you describe. This pairing of Murphy and Strickland hasn't produced any good results in the 2 companies they are involved in that I have checked. Those 2 companies have remarkable parallels in real estate purchases followed by reversion of the merger agreements that were nearly at the same time. That, to me, speaks volumes about the value of the investments here.

So, I'm not sure what your point was.