Well, this couldn’t crack .02 before when hyped as a 10 bil company, now that it’s said to be valued at 1.5 billion, maybe it can this time. Who knows what’s real and what’s not here. Right now it’s all claims and nothing more.
I find it odd the “billion dollar Chinese Amazon ceo” who was supposedly emailing shareholders one on one last week giving inside info, and in those claimed to not understand what a reverse split is, now less than a week later does an interview with a Twitter pumper and suddenly knows what one is and doesn’t think it’ll be needed? All too convenient right after a Q1 showing $17,000 profits. He said he “thinks” the r/s won’t be necessary. Typical otc talk. They can say literally anything they want at this point. Who’s going to hold them accountable?
And of course they had this setup in advance, he had a cheat sheet on what to say. So of course he buttered up the troops. They knew what to say to make this all look like a shiny new toy again and of course the masses bought the bs.
It all sounded good, but then he says they’re going to add 20 billion shares. And didn’t say over what timeframe. Love how most are ignoring the fact this will have 24 billion outstanding shares in some unknown timeframe.
Know why they’re gonna do that? Because all those insider preferred shares didn’t have room to be converted and diluted and dumped with the 4 billion share structure now. That 24 billion a/s will be so insiders have the room to convert and dump.
Why didn’t he explain why a billion dollar company is going through a llc setup in Canada?
They asked the easy questions that he was prepped for with answers they knew people wanted to hear.
It is what it is. I’ll ride the free shares I have and see what happens, why not, anything can happen technically, but I can’t believe people are lapping up only the potential positives but again ignoring the huge red flags, the main one being a 24 billion bloated mess this may become. Then guess what? That r/s that he didn’t know what it was, but now supposedly does, will have to be a monumentally massive one to reach any higher exchange with 24 billion shares outstanding.
If that amended Q1 does come out and still shows $17,000 then you all know this interview was total bullshit to pump this back up.
AI
