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29YEARINVESTOR

03/20/24 12:51 PM

#58087 RE: Xtremetz1 #58083

Agree if it’s real they killed a nice run! But it has ran over 100% from the low.
Actions need to be justified as acting in the best fiduciary responsibility of the shareholders.

Jp_SHMP

03/20/24 12:53 PM

#58089 RE: Xtremetz1 #58083

or the shares are exchangeable for points .... the money is already there.... people have points and points is money for us... like a share buy back ...they buy with us basically

Reac

03/20/24 12:56 PM

#58091 RE: Xtremetz1 #58083

So they put the Authorized Shares at 2 Billion. That’s a decrease of 2.65 billion shares.

amc

03/20/24 1:12 PM

#58102 RE: Xtremetz1 #58083

They didn't say anything about issuing two billion shares, they asked to have two billion authorized shares....and it's scary that there are a lot of people out there trading that don't understand the difference between authorized shares, outstanding shares and the float. Those authorized shares don't have to be immediately utilized though, they can be saved for future projects, acquisitions...etc, but I imagine there will be some shares issued to management. We don't have all of the details yet, but I don't see how we don't make money here if they bring in the revenues that many have discussed regardless of a RS, it would just be taking off from a different price level. That's my thoughts though and people need to make their own choices.