We own a whole lot of A/S in Treasury....and now that we got rid of 8 mil weak shares today we can finally bounce and go up...just learned that Hard Rush is moving forward. And new staff onboard with it, the final logo, product design and formulae is near complete. The financing is identified and contracts are being made to move it. Trademark was applied for on April 1, 2020 and on May 15, 2020 incorporation filed in Delaware. So, slow and steady is the path to wealth. Let's start with one green day! Stop selling. Start ordering more product and yes, buy more stock!!!!!!!! Buy stock. Buy more Stock.
A high A/S is definitely indicative of something shady. Every time I see a giant A/S the CEO gives some variation of "we need a high A/S so we don't get taken over!"
It doesn't make sense but it sounds plausible to people who don't understand the real reason for a high A/S.
In this case I suspect the high A/S was to enable the mysterious 17 billion shares which were issued & then bought back from LVVV
Thank you, and good luck. Hey, is this the worst stock in Pennyland or what? The A/S is crazy, all that’s telling me is turn around and run, and don’t look back.