As to the dilution, Immediate cash to pay for required material/equipment need. Sure they could go the rout of going into debt, but under the circumstance of today’s economy ….
There is no business out there that doesn’t require a substantial initial investment (Except maybe the “Pet Rock”, if you’re old enough to remember that fad).
Jared would have preferred to have only release 50 mil as opposed to the 500. The share price shot up on pumper’s (Where are they now, there here. If you watch this board someone still deleting off topic post. As to why there quite?) The price went down because profit takes and news spun to ridiculous levels. The more the price went down, the more shares required to get the cash need for the material needed. He’s the owner of a new business and he’s trying to get it off the ground.
Go back and watch the first YouTube video and look at the pictures posted in the I Box and compare them to the last few recent videos. There’s noticeable improvements in the company, and we’ve already peeked in share price, so what’s in it for them to invite us down face to face.
To me this is a good faith showing, and for a “Pink” Long term investment. (Shudder) but that is what it looks like.
To this day no one has provided a bit of evidence that the contracts where fake, on the flip side some of the contracts we have yet to prove but some we have.
Will see tomorrow.
Bottom line, this is my opinion. Take it for what its worth.
Good luck and God Bless.
Kirt
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