Mike Lindell Media Corp (MLMC)

[fibinacci]

Continuing from my previous post.. let me put this into perspective..

The average weighted price GGI must use in the conversion is around 0.000475 right now (maybe a little lower.. I did a quick estimate). This means the conversion price is 0.00039. If GGI sells 100,000,000 shares at 0.0004, GGI only makes $1050 (100M * (0.0004 - 0.000475 * 0.82)). So anyone who thinks GGI is raking in the dough needs to think again. They would make more money in a savings account. If the bid drops to 0.0003 tomorrow, selling those 100M shares would cost them $9000!! Even if we hold at 0.0004 until the average price is 0.0004, the converted price is still only 0.000328, meaning they still lose money at 0.0003!!

I think it is very important for people to realize this. That is why calling this the bottom is very plausible. Dilution HAS stopped momentarily. If we see 0.0003, it won't be GGI selling into it.