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MinneapolisQuilter

06/06/20 10:00 PM

#28246 RE: chonrm #28245

Yeah, personally i believe that until all the shares have been added, and dilution is complete we'll be hovering around 6-7, possibly hitting the 9's and 10's due to some day trading pussies. Then when dilution is complete hopefully by sometime next week we'll be able to break the 10's and rise steadily until the 22nd-28th where the pumping will commence and we might reach a new 2 month high.

Facts_Matter

06/06/20 10:12 PM

#28252 RE: chonrm #28245

Monday to Thursday finish current dilution, Friday filing for increase of AS, continued dilution after approved until 2019 notes are paid (company already said they did not have sufficient AS to meet obligations which means dilution will continue after increase is approved.) Then a reverse split to increase share price, bring the OS count back under control and move forward with sufficient shares to make acquitions (I suspect that is the reason GRC was put on hold- insufficient shares at current March levels to close the deal) THEN we are good to go... those are my thoughts.

John and other executives have preferred shares so they will not be impacted by a reverse split, which means the 1 million shares he is sitting on automatically become very valuable.

Long term, I am very bullish, short term, I think it will be ugly for another few weeks or so.

I hope I am completely wrong, but that is my gut feeling....