Sunday, April 07, 2024 10:23:51 AM
So, 18,000,000 shares have been added in just over a week. 8,000,000 of those Elituv issued to himself via the Form 4 from last week.
Also take note of this ....
As of March 23, 2023, the registrant had 193,226,548 outstanding shares of Common Stock
Much higher than what was reported for the year earlier, right? That's due to the 1:1000 R/S that was done last Fall. So, in just 6 months, the O/S is nearly back to where it was a year ago after it's 6th R/S in just 10 years.
I suggest you read the latest 10-K, paying particular attention to the section LIABILITIES AND STOCKHOLDERS' DEFICIT, page F-4. There will be more dilution in the coming months and years. As well as another R/S, I imagine.
You can lead a horse to water. But you can't make him get down on one knee and do an Al Jolson impression!
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