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Re: jdcpa1 post# 78339

Wednesday, 03/20/2024 6:50:41 PM

Wednesday, March 20, 2024 6:50:41 PM

Post# of 87579
Hey..garbage runs sometimes till it doesn't. Just like there's never a reverse split until it happens. But most often stinky pinkies run because of non-public info being passed around to operatives and insiders.

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
Bearish

Consider me an IDIOT. Do not buy, sell or make any investment decision based any information or opinion I post. Conduct your own DD.