"for undisclosed terms. "
Therein lies the problem. Could have been a billion shares. We know it wasn't cash, since Donini had none.
The fact that nothing has been disclosed, suggests it's a lot of stock and I'm betting a lot of that got dumped today. Looks like around $80k sold off in some big trades today. Even if one group bought it all, I question how much is still held (or will be issued).
As of 11/21, they had about half a billion shares outstanding. If they only issued another 500 million, the market cap at $.001 is a million dollars. Pretty rich considering the company has few assets, no revenues, and owed (net) over $1 million at their last filing.
And again, for all anyone knows, the "undisclosed terms" could be 10 billion shares. There's a reason they didn't disclose it.
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