InvestorsHub Logo

DragonBear

05/12/21 11:34 AM

#141614 RE: joe_techi #141613

The plan is to drive the pps as low as possible prior to massive dilution and a reverse split, correct?

Almost.

The big plan is for Kenny to now have an excuse leading up to the SH meeting for not doing anything to pump the PPS. Where his recent PR pumps about "tests" haven't been that successful. So the PPS continues to fade.

Then comes a R/S. According to a post yesterday a 1:20. Current PPS goes to 0.25 after the split. Traders come in all excited about the "low float" of 120M? Then volume dries up, and the PPS fades - depending on how exciting Kenny PR pumps about an imaginary Nasdaq uplisting becomes. While ignoring the $4 requirement.

Then the question becomes: Will any 3rd party buy a block of discounted shares? Knowing a R/S for a Microcrap scam frequently loses 50% in PPS very quickly? If not then Kenny still has the option of selling toxic debt notes. Billions of share dilution. He isn't wanting to increase the A/S to 50B just for giggles.