Hey DONK,
Just let me know where you play poker. Set up a date & time & I will be there to play you for as much as you like. In fact, we can wait until Saturday or Monday..this way all your funds will be available to you from your "calculated bet" here.
What, ungodly math have you employed to draw this conclusion? And, just in case you haven't heard, the pps was cut in HALF in just a few days. By my math it looks like more to go.
The 0.0043 high you were witnessing ENTI bumping it's head against should be thought of as a legitimate high range with the $0.0033's having been support,...split the difference and err low so you get a 36-38 range prior to the 100MILLION SHARES hitting the float @ ~375Million. Now take into account a minimal 27% reduction in share price via dilution (which is GENEROUS as it does not reflect panic, momentum shift, loss of faith in mngmnt & the need for deception in the face of their "communicative ways" as well as the recent delays & repeated failure to deliver on promises).
So, you could feasibly factor all the above and say that a 50% shave is reasonable (that put us, without any other bad news at around $0.0019===> $0.0038 /2).
HOPEFULLY for those of you unwilling to sell 25's for a larger buy-in lower, 0.0019 is the bottom, but without explanations and new information from this company--- not to mention any positive news & developments it could go lower. Moreover, the pps and recent events illustrates that it is NOT worth it's current share price considering what has been going on.
Let's not forget this tiny apparent fact; they are NOT finished dumping shares in my view,... if you look at L2 and the lot sizes...this is going lower, period!!
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