RMDM reduces float by 60-80%!
I saved the best part for last. The share reduction and buyback program that is well under way. RMDM knows that in a few short years the company will be profitable and the share price will reflect that in just a couple of years. Once the share price breaks fifty cents and one dollar those who held on to the shares they bought under a penny will become wealthy. Once the buy back is complete and RMDM makes the announcement the share price will jump. Once that happens you will see large blocks of stock being bought and held. Blocks of nice and ten million shares were bought multiple times for weeks on end on level two. When they announce this and new contracts and deals and their products start making more revenue this is the stock you wish you had bought. The current price of .0006 is a perfect entry price. Just buy and hold until we break a few pennies. You will be glad you did. Big press releases about to come out! Do your DD on RMDM and you will know what I am talking about.
Phase I saw the company reduce its outstanding share structure by 400 million shares. This represents approximately 5% of the RMDM outstanding and current float.
Phase II is a complex transaction involving the stakeholders of over 5% in RMDM agreeing to a lock up agreement which will essentially reduce the current float by another 400 to 800 million shares.
Phase III will be when amongst other things, the issuer will approach individual (as permitted by law) shareholders on its NOBO list and offer conversion privileges from common stock to preferred stock. The preferred stock will pay annual cash dividends and will have conversion privileges back to common stock at some point in the future.
Phase IV will be a reorganization of the capital structure.
The company projects that these four phases being worked on simultaneously may reduce RMDM's outstanding share structure to about 1 to 2 billion outstanding shares, from the current 9.8 billion.