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KilosKid

09/23/20 10:46 AM

#35099 RE: ThoroughBread #35096

One thing for sure the PPS is not where any of us would like it to be. But to use the age old adage of "dilution" that folks like to throw around down here just doesn't fit the bill. Any of us, including yourself can simply go to OTCM and look at the updated SS. The fact of the matter is in over 8 months they have converted less than 50 million shares my friend. That hardly calls for the cries of dilution. This has one of the lowest OS's around (still under 300 million). Have they converted? Absolutely. Is it enough to drop the PPS to this level? Absolutely not. If we have money invested we should look at all the reasons this might be happening, not just throw our hands in the air and say the sky is falling lol. The drop in PPS is most definitely not from the company converting shares. Honestly if they are converting to buy gyms I could give a rats ass. The gyms are their biggest money maker right now! If they need money for licensing by all means convert some shares. While some have been spending their days watching the ups and downs here I have spent most of them looking into the CEO and the people around him. Talking to folks I know in the area, having them do drive bys to see what is up. This is a legit operation. Whether it be short selling (which is my guess) and before anyone starts, hedge funds such as Paulson are notorious for doing it. Or if it is ignorant investors who have no business down here where it takes balls and knowledge. The volume is not large enough for them to sell anything into. The drops have been caused for the most part by small sell orders. I for one know what I own, I have done my DD and I am confident. It just takes a couple clicks to disprove the dilution nonsense!