Replies to post #24530 on Decentral Life Inc (WDLF)

[MisterBet]

There was no dilution yesterday so I take it one day at a time

[Munkie]

OS was unchanged when it was updated yesterday.

[Doubleday]

It isn't stopping, read the fillings.
   
For the quarter ending June 30, 2020, several lenders converted their debt into 774,546,579 common shares at an average of $0.00060 for a value of $44,693.
 
For the quarter ending September 30, 2020, several lenders converted their debt into 2,125,389,202 common shares at an average of $0.00005 for a value of $111,977.
 
The OS shares will be @10b when all of the conversions are done,not to mention the new convertible notes that were issued after the 10Q.

CEOs will tell shareholders whatever they want to hear to sell shares, there is no way they would be selling shares for 0.00005 if this was worth anything. They issue shares for everything and that is not shareholder friendly, I have seen this many times over the past 10 years and it doesn't end well.

[ZJ Pick]

It hasn’t stopped YET. Why else are they converting when volume is at record highs. With this bleep of excitement you can’t bet everything that they will convert today too. Depends if buyers can overwhelm the dilutes, price may go up temporarily but there’s no way in hell the O/S doesn’t grown another couple billion.

I’m sure Ken is a terrific CEO and a good guy. But unfortunately these damn diluters don’t care about the shareholders. They just want their money and they want it now with the volume spike