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flaflyersfan

02/15/17 9:00 AM

#18130 RE: Drahcir #18129

Drahcir, a 100,000,000,000 share trading day. EOM

iwant1mil

02/15/17 11:23 AM

#18132 RE: Drahcir #18129

Mathematically impossible. Do the math yourself. Vapor con men sold $17M in Series A warrants that can now be converted into 750B shares @.0001. Now that mean that each holder can convert and sell @.0001 for a 341% gain. Not bad, so with a gain that high, every holder will be happy to cash out @.0001 before the buyers dry out. Now to buy out 750B shares, it would take about 150,000 investors buying an average of 5M each. Now what's the chance of that happening with a SCAM penny stock that just did a 1:20,000 R/S wiping out all of its shareholders and still has no future? Oh, don't forget that the board just gave themselves billions more shares to sell in public offering to make it even more harder for stuck shareholders to sell. So you would be lucky if there was even 1,000 suckers, I mean buyers and that wouldn't even put a dent in the total needed. Now why would a warrant holder sit and wait for it to reach .0002 which everyone can see will never ever happen.