Valiant Eagle Inc (PSRU)

[TheWhigs]

Wow...from 5 billion authorized shares now to a staggering 22 billion authorized shares.

Here's what 22 billion shares looks like: 22,000,000,000. Let that sink in.

IIRC management said "we're not doing any reverse splits" however they failed to mention they will dilute be a staggering 17 billion more authorized shares.

The float is now at 5,041,268,251 shares outstanding. In Feb. 2021 there were about 130 million shares outstanding. Talk about mass dilution. Damn!

This stock is definitely going to be a 2023 tax write-off for me. I can't wait until I get out of this piece of junk stock/company.

I've seen really bad management the past 25 years in "pennyland" however this takes the cake.

I have no trust in Mr. Xavier....at all.