When a company issues convertible debt, it means that debt holders who choose to convert their securities into shares will dilute current shareholders' ownership. ... For example, each convertible preferred stock may convert to 10 shares of common stock, thus also diluting ownership of existing shareholders.
If not dilution then we are wasting our time here at this PPS……. That means market sees no value in this company/ brand / offerings to be at 0.014.
The other crap story we keep on hearing MM’s playing games…. Bringing it down to accumulate is all BS…. Non sense…. Naked shorting…. All is bolux. Just a way to stay optimistic and pump….. real culprit is dilution.
Dilution is the cause of the pss not moving north…… with all material events registered if dilution was not in play we would have been north of 10 cents minimum.
Brother it is dilution bottom line waiting for the last toxic note to complete……..
The CEO here is also another con-artist in OTC. He should be investigated for fraud the moment he start releasing a news to pump the stock in order to dilute because the intention is to mislead the shareholders. Most OTC companies are pretty much run by criminals and serial scammers and RBGP CEO is no different. This is why 90% of all OTC stocks in 2021 hit 52-wk low price because of undelivered promises. Criminals and serial scammers are crowding the OTC companies and they are feasting shareholders investments. The SEC has allowed these low-life, criminals and scammers to exist and thrive at investor's expense.