GUTTER NOTE HOLDERS UN-LOADING with both barrels AGAIN this AM LOL - 7 million DUMPER SHARES LOADED on open LMAO !!
This POS DILUTION MACHINE - it's got ENDLESS 5 to 10 MILLION SHARE DUMPER BLOCKS daily hitting the Ask as their massive TOXIC DEBTS OWED get endlessly unloaded - shares obtained for .001 = the GUTTER LENDER IS NEAR DOUBLING THEIR MONEY or more...using short straddles also !!
SALARIES ALONE eat almost have that lousy $2 mil left.
LEGAL and SG&A = EATS THE REST DOWN TO A LOSS LOL !!
ADD IN INTEREST OWED + LEASE + a shit ton "other" expenses =
THEY LOST OVER A $MILLION ON THE YEAR 2021 and DECLINING SALES from 2020 THE FACTS !!
THEY DILUTE AND BORROW GUTTER TOXIC DEBT NOTES OR FILE BK in short order = accounting 101 :)
They inked a GUTTER NOTE ON 9/22/2021 AFTER "THE BIG DEAL CLOSED" and it was for a paltry $50K OF SURVIVAL CASH -
THOSE SHARES ARE AT .001 and converting AS WE SPEAK -
$50K / .001 = 50,000,000 aka 50 MILLION NEW GUTTER DILUTION RIGHT THERE !!
ADD IN MAMMOTH LEGACY GUTTER NOTES OWED OF APPROX $150K per same filing:
$150,000 / .001 = AT LEAST 150,000,000 aka 150 MA MA MILLION MORE GUTTER DILUTION TO HIT.....
THAT ALONE = 200 MILLION NON STOP SHARES OF GUTTER DILUTION and ALL steeply discounted even at these pathetic prices = ALL DOWN PRESSURE on the Ask for a lot longer to come :)