meatstreetdude, You have to keep this in mind when people keep posting declines in value and lower valuation and increased float and % drop in liquidity, the one fact to all of those numbers be it up or down, The scheme always makes money, they never lose.
If people here lost 90% and soon maybe another 50% the debt investors keep making money, they never lose, the decline in price and value is to keep everyone from selling other then at a loss and to compensate for the lower prices shares, they just increase more to the float.
They don’t care about the share price up or down! ($.10 or $.001) If they sell 100,000,000 at $.10 to make $10,000,000 or they sell 1,000,000,000 at $.01 to make $10,000,000 or even 10,000,000,000 at $.001 they make $10,000,000 its still the same revenue on more shares lower that only hurt investors. It is part of the plan!
And they do it starting high; dilute, cost average buyers jump in, and then dilute some more to attract the bottom feeders who buy in at diluted prices.
They make $10,000,000 x 3 ($30,000,000) and it came from what ever the share price is be it $.10 or $.001. Investors will never see a return and even selling at a loss, the market makers will shut out the level 2 to maybe a bid of 50,000 shares.
Declining price is horrible for investors but it is great for the company debt dumpers. They make money selling literally nothing but endless inventory of shares. A few $350 pr news releases and they will raise another $10,000,000.
Some say, WHY would the CEO hurt his own wealth or holdings, The CEO does not own any shares, he just makes the debt payments and those who paid the debt take the abundance of shares to sell cheaper then the bid will ever be.
Everyone makes money but investors.
