We know from previous filings that the offering is at $ 0.001 so today we're discount value to that. I believe this is a great buying opportunity.
We also know from previous offerings at the same price that the "buyers" will be institutional buyers.
Here's the list of who participated last time and what they took in.
OLGC participated with 25M shares. Tribridge participated with a total of 35M shares. Union Capital participated with a total of 27M shares. Madison Consulting participated with a total of 13M shares
Those are big share hauls.
They won't be flipping for few ticks.
Do not forget the insider holdings here as well.
As of December 31, 2017 the Company’s Managers owned approximately 15.71% of the Company’s outstanding Common Stock Shares, and a single shareholder owned 11.57% of the Company's Outstanding Common Stock Shares.
Mr. Norman George President and Director 11.57%
Mr. Stephen Michels Vice President & Director 4.13%
After this most recent offering the insiders intend on upping their stake in the company. Read this from previous filings.
This is set up for a big run I believe. One must remember that current OS is 392M. Even with 500M being added to it, it's still at 892M. Current float is only 305M.