Followers | 171 |
Posts | 18248 |
Boards Moderated | 2 |
Alias Born | 11/29/2010 |
![](https://investorshub.advfn.com/uicon/228743.png?cb=1506781144)
Wednesday, March 20, 2024 6:50:41 PM
As of 3/18/2024--
Authorized Shares: 5,800,000,000
Outstanding Shares: 5,780,910,503
That means 99.67% of the available stock has been gobbled and the money blown, stolen or switched hands (I say that because the Q3 disclosure listed an O/S of 5,495,710,503 per CEO Strickland) .
So what is Park going do to fund operations going forward? As I see it his options are:
1) Raise the A/S by billions thereby resulting in dilution and/or
2) engage in toxic lending and/or
3) Pull a massive Reverse Split to wipe out bagholders who are nothing but a liability now and--
4) as part of an R/S make a token ''reduction'' in the O/S that looks good to the ignorant and gullible but is in fact a massive proportional increase.
I showed up because of an unsolicited private message outlining why I should jump on this bandwagon.
![Bearish](/static/images/ih2-bear.png)
Consider me an IDIOT. Do not buy, sell or make any investment decision based any information or opinion I post. Conduct your own DD.
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM