Invest-in-America
1 week ago
VCIG: A GODZILLA-CLASS CONGRATS to all here who scored like I did, Bros.; on this cute, little, Wall Street Puppy!!! LOVE-ya-all!! (NOT that there's anything WRONG with that --- that's Gerry Seinfeld!!)
Any my FAVORITE rock song of all time, below!!! May GOD-BLESS (the late) Mr. Eddie Van Halen, his Brother (that Drummer!!), & Sammy Hagar to boot!!! (And, I'm a card-carrying ATHEIST saying that!!! So, ya better FUCKIN' BELIEVE what I'm postin' here, iHubers!!!!!)
pinkslipjunkie
1 month ago
Your figures also illustrates the current 202 million O/S by adding the October 1st O/S plus the converted shares to the approx. 42 million new shares by the minimal dilution. 160,478,123 + 41,753,877 = 202,230,000 current O/S
CHECK FACT!
Warrant Shares (200 million) are issued first as a commitment fee.
Purchase Notice Securities 276,363,636 shares will be issued later, once specific conditions in the Purchase Agreement are fulfilled.
Max 1m per day. Dido can dump 200m in 10 days
1m/.05 = 20m per day x 10= 200m but he only dilutes 41,751,877
WHY NOT DILUTE IT ALL 200m?
Heβs already planning a reverse split, so why not go all-in on dilution? What's the point of holding back?
151,378,942 O/S as of October 1, 2024. Add
(βAOFβ) 9,099,181 upon the full conversion of $1,000,000 = 160,478,123
Effect 10/15 To date they dilute 41,751,877 shares.
pinkslipjunkie
1 month ago
I at least did like that about the R/S announcement...if they had diluted 476 million shares or even half the OS would be a lot higher I would think...LOL... a lot higher...didn't you say that since October 15th there has only been 41 million dilution?
Since October 15, why hasnβt Dito diluted all 476 million shares? The numbers are clear: the outstanding shares stand at 202.2 million. This is an undeniable fact, thereβs no room for misinterpretation here.
Many were worried that the outstanding shares would exceed 500 million by now, but that hasnβt happened.
On October 29, 2024, we saw over 316 million in trading volume, with most shares being sold off by retail investors. We thought it was 100m 200m dilution but that is not the case. The company could have easily dumped 100 million shares that day. So why didnβt they?
We need to consider the bigger picture. Why arenβt they utilizing the full 476 million shares for dilution?
When we break it down, o/s 202.2 million is minimal for a company trading in the penny stock range. If dilution stops, we still have the potential to recover and maintain hope for a turnaround