You will never see .0001 again. Better get your order placed now for those 4's. There were only 55 MILLION left yesterday when we closed and 62 MILLION on the BID at .0003 and growing.
Have you even taken the time to read the latest Filing, the DD, or understand what just happened??
The .0001s were never available to begin with. Only a few of those got hit on the bid, before the Filing.
As a matter of FACT, there was about 500 million on the bid @ .0001 "before" the Filing hit. I know this because unlike you, who appeared at 6:21 pm, I watched it all transpire. I even posted about it: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=149224696 - notice the date/time of my post to proximity of Filing.
The .0002s on the ask vanished immediately after Filing hit. The .0003s were taken out shortly thereafter, with I believe 62 million on the bid at closing.
There was NO rumor as you purportedly claim, and everyone was caught by surprise. The naked shorts were completely blindsided, by the late afternoon Filing, then the market closed.
The CE here was put on just recently--May 29th--because of the volume and it seems to be attributed to the .000001 irregular algorithm that printed the day before. Attorneys are certainly working to get it resolved based on yesterday's filing.
Man, I wish folks would actually read the Filing, and the DD before posting.
Had you bought just 10 Million shares at 0.0001 for a Cost of just $1,000 your 10 Million shares could have been Sold at a conservative 0.0005 for $5,000 <------------- on the climb to 0.0005
IFLM Security Details Share Structure Market Value1...........$234,347 a/o Jun 05, 2019 Authorized Shares..485,000,000 a/o Aug 23, 2016 Outstanding Shares 585,867,360 a/o Oct 14, 2016 -Restricted.....…........Not Available -Unrestricted........... Not Available Float................322,888,087 a/o Aug 23, 2016 Par Value 0.0001
Authorized Shares, has No Bearing on the price.
The Shares Authorized, is not used in any fundamental of financial calculation, to determine company value.
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