Instead of throwing out meaningless gibberish, how about basing it on facts?
The latest 10q shows the balance owed on convertible debt to be 37000 as of end of June and the unissued of the authorized shares to be around 430 million. That means they would need to sell about 185M at .0002 or 124M at .0003 to wipe out the convertible debt.
I figure there's a pretty good chance that has happened, and the last of the conversion shares were being offered at the .00029 price that we saw for several days. That's why I jumped in.
They also stated that the restructuring of the debt with non-dilutive financing would happen before the RS. That means it's in the works right now IF the convertible debt is all gone.
Then the RS will happen so they can complete the acquisition of Prolog.
Yeah, but no way in hell it would just stay at .0002 on a billion shares. You moved the needle up 2 ticks on just 20million shares. I bought more shares at .00025 and .0003 and the dilution killed my run…. Lol. I did pick up some more 3’s after. I guess we will have to get the cheap and low hanging fruit before a run happens.
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