Wednesday, November 02, 2022 3:05:02 PM
Assuming Leon somehow does it, then the 'defaulted debt Bubea is so concern about would suddenly get off the books an small chage of a couple millions would be available to clean up whatever debt would be left.
Then market cap could easyly become (5 times $6,000,000 annual revenue) $30,000,000 and even with 8,875,000,000 O\S pps would become $0.003 (2.8 times the price paid for the new shares.
Then an R/S of 100 : 1 would make the pps $0,30 ... even a 1000 ; 1 ($3,00 PPS) would offer new horizons for the shareholders.
Someone with money may endup figuring that out.
Patiently,
Roger
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