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Re: samson8 post# 11581

Wednesday, 06/05/2024 5:31:48 PM

Wednesday, June 05, 2024 5:31:48 PM

Post# of 11599
Carnes didn’t make any money here ….

He paid money to clean up the shell and reduce the O/S from 50 million to 17 million.

And he never officially did dilute any shares once Tradition came in. And now there is no more Tradition. So no dilution (as of now up through current).

He lost money here.

The acquisition got undone.
It’s as if it never happened.
Carnes lost here (lost quite a bit of money).
As did current shareholders.
Unless a new reverse merger or acquisition play comes in here again at some point.

Time will tell.