Friday, November 11, 2022 6:07:08 AM
The point of the post I believe was to show that IF this was a CASH deal and X was putting that directly into the business, it is only about a .0002 difference in Share Price with 2.2 Billion shares outstanding. Huge difference if it were only say 100 Million oustanding... that would have about a .0055 effect on the 'fair market value' Share Price. He said... "Stop Diluting!!!' So if the O/S keeps rising, then the deals' effect in S/P dwindles.
Do not get me wrong... still positive news of 'booking' a profitable deal worth 550K instead of a loss.
On another point I have noticed a 'strong' 'capping' in volume and 'off the book trades' keeping this think pinned down. This is deliberate IMO.
SM
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