Replies to post #7306 on No Borders Inc (NBDR)

[Peter Penny]

Sticky this

[Murphydog25]

Well said Sir

[dshade]

definite overreaction.

[PickleNick]

Yes, please sticky this...after 9:35am some more cheap shares lol

[19Neener]

Good Info! Thank you

[i_am_andrew84]

BMoe gets it. The company reduced potential dilution and people panicked... smh

[jackson73]

ahhhhh I gotcha...read thru too quickly

thanks for that n will add accordingly;-)

[TheFinalCD]

alrighty then its just an amendment to the Original Reg-A

300m @ .01= $3M

100m @ .03= $3M

[WebSlinger]

<< THIS IS NOT A NEW OFFERING!!! Today's filing is an AMENDMENT to the original Reg-A filing back in September of 2019. In that Reg-A, 300mil shares were offered at .01. Today's amendment lowers the amount of securities that can be sold to 100mil and raises the price to .03 per share. >>

Great post. Fully agree with your analysis.

[suha]

the price has to drop to 0.03 since that is the offering price.

lots of bagholders now.

[hesontheloose]

These are the facts...can’t believe people would just dump as soon as they see a filing without reading it. Thanks for this summary. I recommend people read this and load up at open because it’s going to head back north fast. They’ll only raise capital and sell shares now at .03 when an accretive opportunity arises for the company and it’s shareholders, otherwise there is absolutely no dilution here. I could also see the terms amended again as they were today as the stock price increases. Say 30 million shares at .10. Love it. Go NBDR

[ximon]

Must read! Thanks BMoeSki for explaining the offering! jmo xi