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loanranger

09/08/17 7:24 PM

#14959 RE: penknee #14958

Ok...that was the only "if" I saw, but itdoesn't change this:
"At 305,700 its $0.00065 per share."

And obviously I don't agree with this...
"Why 8 million shares? Well you and I know why, they plan on issuing 8 million Series B. That $200 per pound will be paid out quarterly FOREVER, and I'm guessing it's owned by Wade or someone close to him."

...for the reasons previously stated, i.e. if the $200/lb gets divided up by the shares outstanding then what is the incentive to anyone to buy any more shares, especially the original investor?
The 8M will never be sold and I can't figure out why any more at all will be sold.

I believe that the size of the series was designed to allow for the minimizing ($.000xx) of the per share dividend. It's meaningless.