We are guessing that's the case, I think the numbers may speak for themselves and go beyond the knowledgeable penny players here who know Conouse, if he ain't selling anymore I think money talks.
But yeah if this were still to be pos penny stock need Canouse wiped clean off this ticker.
If they can get to 1 billion valuation in the next few years share structure is fine, remember really only reason stocks lose tons of value is convertibles.
Should hold value or increase. No one likes reverse split either in pennyland because it means more convertibles are coming after and lose more and more value.
NOT SAYING THERE WILL BE REVERSE SPLIT ANYTIME SOON, OBVIOUS AT SOME POINT TO UPLIST TO EXCHANGE. Probably can't get to $4 pps without it or at least $5 billion in revenue.
With a company like this value should be stable and increase imo. Seen it a few times down here.