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Re: Threeflight post# 44164

Monday, 05/20/2024 10:45:39 AM

Monday, May 20, 2024 10:45:39 AM

Post# of 44391
On 5/9 you said a stock price of .06 was very reasonable and the terms of the S1 looked relatively good compared to other OTC stocks.

The S1 had stated a $4 offering price post split which is .01 now. I am trying to understand how you first reached a current .06 valuation. I’d love to see it but it is not surprising that the stock price has migrated toward the .01 offering price. That seems logical to me. No one is going to buy this stock now for anywhere near .06 with a pending .01 offering.

It takes volume to move a stock and there just hasn’t been any new investors or volume on a daily basis for two years, especially given their OS number of what 700M shares or whatever it is. I blame the company for that for a lack of communication and for missing prior targets.

Now you are saying you expect the price in the .005 range. Why the wild fluctuations when you thought the terms were right and thought a .06 was reasonable? Unless you thought your opinion of the price today would actually move the stock which is not going to happen. Nothing substantial will happen here until they uplist and get financing. My only hope is that they have an IR communication plan in place. Because if they uplist and continue to not communicate and sit on their hands like they have been for two years then the market makers will drive this thing down under $1.