Saturday, December 23, 2023 11:08:09 PM
2 billion shares later...............
I'll use EXTREMELY conservative numbers here. I won't use .01 or .005 I'll use current price of .001.
2 billion shares diluted into the market. And you know as well as I that these were diluted into the market much higher than the current stock price of .001.
But let's take a look at the current price of .001 what that amount of dilution has been.
2 billion shares X .001 + 2 MILLION dollars. Now even with that very conservative number, where did that 2 million dollars go? You know that the real figure is probably an average of .005 which would be a total of 10 MILLION dollars. Now where did 2-10 million dollars go?
At the current rate VNUE will need to dilute over 1 billion shares this year at the current price just to keep operating:
https://www.otcmarkets.com/filing/html?id=17069915&guid=3cJ-k6dE6TmXB3h
Of course the lower the price of the stock the MORE they need to dilute to pay the bills.
At 40 million dollars worth of debt.........They need to continue to find funding. And remember what the interest rate is?:
https://law.justia.com/cases/federal/district-courts/new-york/nysdce/1:2021cv08103/567348/137/
"24% interest." "VNUE was unable to pay its obligations under any of the original notes"
I have had communication with people that have taken a second mortgage to buy OTC stocks because they had faith in the stock. They believed. Then the stock went bankrupt and no longer traded. This happens all to often if the cesspool known as the OTC.
If you are honest and actually really research a stock like I did on this stock:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=162228610
All you find is fraud fraud fraud. And I have a very good write up on VNUE as well. But that is being saved for a special purpose.
There is plenty of fraud right here on this ticker. But faith is a funny thing. It blinds even intelligent people.......
A Democracy is 2 wolves and a lamb arguing what's for dinner. In a Constitutional Republic the lamb is armed. We live in a Constitutional Republic.
Recent VNUE News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 06/13/2024 09:10:39 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/08/2024 03:29:56 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 09:05:44 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/13/2023 11:23:47 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/21/2023 12:00:36 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/11/2023 09:05:49 PM
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