na na
3 days ago
I'm not an asshole and Ass kisser. People are pissed after R/S, so they're one of those two categories.
I lit a fire under OTC-Markets support staff a few times over the yield sign, which is back now, FK.
For instance 6 hours after the last email I gave them the yield sign was removed.
So I made an appeal to the insiders, do you want to spend 2 years making 30k with potential buyers gone after the 2nd reverse split, or are you willing to throw away some of your poker chips to walk away with substantially more than 30k in your pocket.
I asked Bianco what he thought of that proposal and his response "So who is this one insider?" Instead of something on the lines of "I want to nit pick on this one detail."
Weeks prior he says that he was in contact with the insiders.
Today somebody started to go crazy with converting, as seen with the volume once Bianco started emailing, and since Bianco is on the last insider on the Y/N insider survey...
bri123
3 days ago
OS increased to 2,371,215,349 12/05/2024
Restricted 359,757,921 12/05/2024
Unrestricted 2,011,457,428 12/05/2024
Was-
OS 2,239,530,778 12/04/2024
Restricted 359,757,921 12/04/2024
Unrestricted 1,879,772,857 12/04/2024
bri123
4 days ago
RS bad. I got screwed on the last one, and will be lucky to get my money back EVER. Another RS would put me $70K in the hole. RS bad. It is not the solution for any company. Not getting into toxic debt in the first place is the best way, but if the new guy can find a way to buy out the debt-holders that is the best way.
But this new guy has not shown (in his other companies) that he has the ability to do that, and has not shown the ability to NOT dilute. But, because we are at the end of the year, and because the white-house will be changing hands (which always produces a good spike in the Jan-Feb time), I hope he can put out a PR or two that will draw in new investors and run the share price up so I can have a chance at breaking even by selling to them.
I am not sure whom owns the warrants by looking at the last filing.
bri123
5 days ago
Ah, I see. That would be great. The problem with that is the debt-holders are allowed to convert an amount of shares per quarter that fulfills the debt obligations, and in the last filing there are a lot of open-ended debts (some of them act as co-owners of the company and expect to be paid). They don't care how many shares it takes to do that, and therefore do not care what the share price is, since the company can simply increase the AS with a simple filing, and can RS as needed with another filing, and continue diluting from there.
Per the last filing, if just the Preferred shares were converted to common stock (although there would be no reason for a series A holder to convert) the OS would be 5,670,596,606 shares.
Promissory and convertible notes are a huge expense, and the company has to pay them somehow.
Warrants are another problem. They have guarantied dollar value, and again, the company has to pay them somehow.
Let us know how he responds to your suggestions please.
bri123
5 days ago
OS increased to 2,239,530,778 12/03/2024
Restricted 359,757,921 12/03/2024
Unrestricted 1,879,772,857 12/03/2024
Was-
OS 2,059,530,778 12/02/2024
Restricted 359,757,921 12/02/2024
Unrestricted 1,699,772,857 12/02/2024