Very good FFF, now whats the RATE of issuance here?
Whats "available" is not as important as whats being issued and at what rate. 504's have a max amount of $1,000,000 per year, however WNBD has NEVER used the full amount over a 12 month period and it appears the trend will continue... The average PPS is moving up as well, so the amount of stock issued to raise this $$$ should lessen
$35,000 raised per month @ an average of .005 = 7,000,000 shares issued per MONTH. Or about 350,000 per day... If these shares are issued @ .01, these numbers are reduced in half.
Compare this to the amount of volume per DAY and you can see how minor this is... but is sure makes for great scare tactics by some!
PS: Fact is... 99% of pennies dilute constantly, but very few achieve anything. For the most part, WNBDs money is being spent responsibly and could be worth 100X the value in the future... Would you like to see that math as well?
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