Well Wilma...
2.2 million shares just got sold and tanked the stock back to $0.0020.
Which is right where it was before yesterday's AMAZING, AWESOME, ENTICING, WEALTH PROMISING news.
So.... Apparently.. While you remain steadfast in your convictions the stock will continue its travels South.
I've said it before and ill say it again... The dilution rate cannot be competed against at these prices.
The PPS is too low and it takes too many shares to pay off a buck.
Get a calculator... Figure out monthly payroll for UBRG/NDR...
Now add in utilities.. Office supplies... Etc..
Now take that number and divide it by $0.0020 ... Here's a little head start... Ali, Guest, and Martinez receive a combined total of $43,500 per month in compensation... So that's 21,750,000 shares just to be added to the float so they can trade them for a paycheck (can't fill gas tanks with shares)....
And that's just those three... Now... How many employees do they have?
What's their utility bill? What's their rent? (I detailed rent options at 10800 MacArthur in an earlier post from realtor)
They literally have to create 10's of millions of shares just to pay bills, keep lights on, pay payroll because AS THEY STATE IN THEIR SEC FILING BUT DO NOT STATE IN THESE FLUFFY PR's (paraphrased but absolutely accurate) "we do not generate sufficient net revenue to continue operations and will sell equity and issue debt to remain open".
