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Re: jmhgolf post# 58884

Friday, 12/30/2022 6:06:21 PM

Friday, December 30, 2022 6:06:21 PM

Post# of 63121
I need almost $4 to break even...that's a crappy outlook. I can't see any possible manner that a RS benefits we long term holders as the dilution dwindles us way down.
If I had 3mil shares at an average of $.0095/share that is an investment of $28,500.
3 mil shares diluted 250:1 is 12,000 shares.
After the RS at the current price of .007 becomes $0.175
A new investor can spend $2,100 @ $0.175 to get the same amount shares I have (12k).
New investor $2,100 for 12k shares
Me $28,500 for 12k
RS always crap on early investors...if I'm missing something please explain.