I think his point was what little impact this deal has in the overall picture. X says that he got 550K in a convertable note as the 'proceeds' from the sale of this 'investment'. X stated that it was about 5 times in proifits. That would mean he had about 100k or less in this. Right now he has NO CASH from this transaction and will have to go and play the same game as others here in OTC land of 'diluting' the stock in order to get their money out. What public traded company? OTC Land or Major Index where the stock is at least holding its own and not jut had a R/S or is down 80% or something? Does he hold the stock and just 'book it', or sell and raise the cash for maybe his own 'Buyback Program'? Still many questions to be answered.
The point of the post I believe was to show that IF this was a CASH deal and X was putting that directly into the business, it is only about a .0002 difference in Share Price with 2.2 Billion shares outstanding. Huge difference if it were only say 100 Million oustanding... that would have about a .0055 effect on the 'fair market value' Share Price. He said... "Stop Diluting!!!' So if the O/S keeps rising, then the deals' effect in S/P dwindles.
Do not get me wrong... still positive news of 'booking' a profitable deal worth 550K instead of a loss.
On another point I have noticed a 'strong' 'capping' in volume and 'off the book trades' keeping this think pinned down. This is deliberate IMO.
SM
News 
Market Data 
Discover 
AI
