I've NEVER bought 2 gallons of ice cream I NEVER intended on eating: First. And second, I have YET to meet an OTC stock that AUTHORIZED SHARES they didn't intend to DILUTE! Especially one without; cash, money, revenues, profits & the like (from their OWN filings as noted, annotated & substantiated -- with links-- below)
IN FACT: Mark already NUKED ~2.25 BILLION shares, ....lest we forget! ~2.25 BILLION shares are already out: With George R.R. Martin ("Game of Thrones") Intellectual Property at the HEIGHT of (George R.R. Martin) his popularity. I know, I wrote about it then... Mark failed! That was THE MOST COMPELLING IP ever owned here.
~2.25 BILLION shares burned through = GREY market (so far), & ANOTHER 2.75 BILLION SHARES teed-up, reloaded & ready-to-go! Ice cream, as you so aptly put it, already in the FREEZER: I don't have to get in my car, find an open place, drive anywhere, go to any convenience store & get back home to sit & eat! 2.75 BILLION READY ....TO BE SERVED --- & EATEN!! Only 5.1 BILLION shares -in all- aren't likely to taste as good!
Despite whatever ANYONE else thinks they have ANY RIGHT to claim (insider info, knowledge or no), those share are READY for dilution! Filing to have them A/S, is the SAME AS BUYING the ice cream: They're READY-TO-SERVE... for distribution/consumption.
And the previous ~2.25 BILLION shares RESULTED in a stock on the GREY (expert market) with a current & imho UNDESERVED $2.2mm Market Cap valuation.
I think EVERYONE HERE would be VERY HARD PRESSED to go out & raise $2mm to $5mm for ANY company that has; "no cash", dependent on "3rd party financing (over the next 12 months)" & that since 2009 claims "no substantial revenues to date". Especially ONE in entertainment: Which has such a VERY LENGTHY investment-recoupment process... One that had George R.R. Martin IP,... & a small stake in a film that went through COVID (since 2018) & still hasn't made A DIME in profit!! Their words... They need shares to operate because they have ZERO cash, revenues, & prospects will be YEARS OUT. Lest we forget they will be INCREASING EXPENSES due to maintaining audits, etc., if that track is to be believed. That's TIME & MONEY going to regulatory filing, fees, etc., to maintain their reporting status. Regardless, MIKP is going to distribute shares. Just as they ALWAYS have.... ~2.25 BILLION OUT ... ~2.75 BILLION + more a coming!
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