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Re: trader59 post# 191463

Wednesday, 02/14/2024 8:57:37 PM

Wednesday, February 14, 2024 8:57:37 PM

Post# of 192146
Only a numbskull expects that the offering will sell for anything above the current market price of the stock. Quite the contrary. A quick Google search says the OS is currently around 19 million shares. If this offering sells out 100% that will more than double the OS.

Take a look at the expected use of proceeds in the offering document. 50% will be used for Marketing and 50% is slated for corporate overhead (salaries for Rory and the other people who work 4 days a week at best). That is a projected allocation of the funds and is not guaranteed.

Rory has already pissed away $ 180 million of investor capital. Why would anyone outside of a hospital for the insane believe that giving Rory more money will result in success.

73 cents? HAHAHAHAHAHAHA. Maybe 7 cents.
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