TARGET: .50-.625 WATCH OUT: those 1.10 have a cashless exercise provision.. they can get free trading stock for no cost
they are probbaly broke by now: on the way to over 100 million shares out
X = Y (A-B)/A
where: X = the number of shares of Common Stock to be issued to Holder.
Y = the number of shares of Common Stock for which this Warrant is being Exercised.
A = the Market Price of one (1) share of Common Stock (for purposes of this Section 3(a)(ii), where “Market Price,” means the Volume Weighted Average Price (as defined herein) of one (1) share of the Company’s Common Stock during the ten (10) consecutive Trading Day period immediately preceding the Date of Exercise.
B = the Exercise Price
X = LETS SAY 1000,000 shares is Y, A is 1.20, B, the conversion price, 1.10
so they wold get 1,000,000 (1.2-1.1)/1.20, or .1/1.2, .0833 x 1 mil = 83,000 shares for FREE
hes a total loser: lives in Mom's basement: when i was posting here he was my beyotch: he had to answer me, i was soo in his head, paid no rent either, spun him like a top: he has to read my posts: he is obsessed owns a 100 shares: his retirement, hahahah
PROBBABLY OUTTA $$: borrowed last $25k in may: Look at Subsequent events:issued 8.8 mil shares in January
and last year alone: they issued 18 million shares for "services": THATS A BIG LUMP OF COAL
THIS IS OFFICIALLY A POS AND IT ISNT A COMPANY IMO: ITS A PRINTING PRESS
he cant help himself: HE MUST READ MY POSTS: I OWN HIS MIND, I'M INSIDE HIS HEAD YET I PAY NO RENT
LMMFAO hahahahahahahahaha i read NONE of his replies: THE MASTER HAS SPOKEN!!
actually 363 at 1/3rd the high 109, break berry berry bad: hold: better: sideways movement underway: tops n bottoms are not really being lowered or raised, altho today we broke a series of lows: but its nominal without follo thru: why 2morro important
Prints 18 million new shares in last yr: sales decline: loss widens and those 11 mil and change shares at .89 are over 1 yr old and can be freed up:
the issue is this stock has been cleaned up and is tightly held
THERE ARE NO NEW COMPANIES GOING PUBLIC BECAUSE OF THE GESTAPO IN THIS ADMINISTRATION
Therefore there is very limited supply of deals to work on, therefore there is a bid for garbage like this and CCTC and RTNB, all garbage that in a normal market would be pennies per share
SO, TRANSLATION IS: MAIN TREND UP: DON'T SHORT THIS: YOUD BE CRAZY TO SHORT A PENNY IN THIS CLIMATE
most cant even get shares deposited, so how can large sellers appear??
CCTC: PRINTED APP 70 MIL AT .07, NO ONE SELLS
RTNB: APP 11 MIL AT DISCOUNTS: STOCK DOESNT CRACK
The #$%$ administration has locked these markets
the barriers to go public and to deposit stock has been raised SOO high: people have thrown in the towel: NO ONE GOES PUBLIC HERE: THERE ARE NO NEW STOCKS ENTERING THE SYSTEM
thats why the volumes on these stocks are WAY WAY DOWN
im seeing stox like CELH and others just dont trade
if u promote them, the SEC is all over you
FOR THESE LEFT WING NUTS: MISSION ACCOMPLISHED: CAPITALISM HE BEEN CRIMINALIZED
thought pres filed 8-k buying $3mil in stock: money didnt go into company
down to borrowing 20-25k to stay afloat
10q and 10k filings get "current" and gets certs deposited
FULLY DILUTED NOW AS PER THE 10Q: 161 MILLION ITZ GARBAGE
they supporting it from overseas folx: probably switzerland buy n sell all matched garbage IMO
been doin it for ever: nothing ever comes of it: Thy are ALWAYS buying time
the old bar Sign: "Free beer tomorrow" it just never comes, if it did, u could value it: out of stealth mode means end of "The Story"
cant short these things anymore: rates are too high and there is no new supply of companies going public: so there's no competition for peoples $$: NONE
SO, THE SUPPLY DEMAND FAVORS THESE GUYS, FOR NOW
THEY HAVE PRINTED MILLIONS OF SHARES AND WILL NEED TO PRINT APP 20 MIL MORE BASED ON $1 AND THEIR OWN LOSS ESTIMATES THRU NEXT YEAR
thats just to get to zero cash at the end of it.. remember they have cashless warrants also.. bery bery bad