Replies to post #18975 on Bingo Nation Inc. (fka BLTO)

[baomike]

insiders could have made much more money selling shares over 0.1 keeping the interest high in this stock, like many other pot stocks

I have wondered about that also.
First thing that comes to mind is that they got an email from the SEC asking questions , and bailed.
Or, they have sold all they could without dropping below the 50% needed for control.

Or, there are other deals ready to go and this one was entering into a low profitability area, sales were dropping.

[bigjay187]

After the reverse this is still going to be worth some $$ PPS wise if this retraces to .005, don't even think its worth that.
PPS will be sitting at $1 even after the split a little retrace I'm sure but still their new shares would be worth 87 million and the float would be so damn tight this will move pretty good. After the RS when your actually buying IGU it might move pretty well.

They would have been better of increasing the OS to 1 billion and raising money that way. They could have left everything alone let this bitch run hard then start diluting it when the PPS was way higher. Idiots.