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Alias Born | 11/18/2013 |
Thursday, January 25, 2024 2:33:07 PM
I don't expect any blockbuster news to be honest... or even if it's good news, I think the market is expecting some multi-million dollar revenue generating news... so even if it goes up to .0010 - .0015... to keep it there and higher, there has to be a solid plan of growth or revenue generating updates conveyed to the market to bring 10s of thousands in dollar buys. 100k gets you 100 million shares at .0010, so I won't be surprised to see buys ranging between 50 million and 100 million shares traded per day.... but the news has to be good... otherwise, we'll stick to the 10 - 30 million, which we see today, and profit takers will be flipping the momentum from 00.teens back down to .0008 - .0010....
The news better be good Ken.... 👍 your small pool of shareholders are counting on it.... otherwise .0001 - .0003 is not out of the question. Try diluting 2.6 billion shares at .0001-.0003... you'll get 300 - 800k, but your shareholder sentiment will be crushed for the remainder of 2024, at which point even the idea of a share buyback will become a joke, and a reverse split will be inevitable.... So you see, it doesn't make sense to dilute if, on one hand, a buyback is discussed, a reverse split is off the table... but what cards does Ken and Leslie hold in the other hand? A Royal Flush? A pair of Aces?
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