Another nice dump during the one minute period at 2:16 to 2:17 of 18 million shares price $0.001. New faces here and it looks like they deployed some pumpers for the latest news. That bloated 6.7 billion share count still isn't fully diluted. New baggies being created for the split. 😆 As of Wednesdays OS update we find that all of the eligible convertibles are still intact. 9s on the bid 11 on the ask. Pretty sure if you want shares at $0.001 they will feed you all you want. 😃
Here is what you have at a minimum. The $1.5 million regulation A offering priced at $0.001 and the more than $1.2 million of the subject convertible notes rewritten and filed with the March 3rd to convert without the reg A offering converts at a 25% discount to market. Of that group of notes are the $1,050,000 to pay the performance bonuses for these Mexedia executives which I'm thinking will wait along with the $1.5 million reg A until after the reverse split.
Bearish
Everything that I post is just my informed opinion and is simply an invitation to debate. Trade on your own due diligence please..