Rocky... as close as I can calculate it this is the result.
Two things to consider:
1) A relatively smaller portion of Iorich's totl NCU investment is represented by shares obtained in exchange for interest and finance fees. To me these fees are industry standard and likely lower than would have been paid to other's for bridge loans.
2) Iorich holds some sweetheart warrants from the last machinations and these will likely lower his average a small amount in the future. I have not worked that exactly but clearly paying $1.00 for shares down the road wiould be a lower price than his average today.
| Date | Shares added | Price | New total share balance | $ Amount added | $ Investment to date |
| 2020-07-28 | 263,452,677 | .15 | 595,632,124 | 39,517,901 | |
| 2021-01-29 | 79,696,970 | .165 | 675,329,094 | 13,150,000 | |
| 2021-01-29 | 7,024,615 | .165 | 682,353,709 | 1,159,061 | |
| 2021-02-16 | 3,560,024 | .1621 | 685,913,733 | 577,079 | |
| 2021-06-01 | 3,866,921 | .2735 | 689,780,654 | 1,057,603 | |
| 2021-08-06 | 6,764,607 | .23 | 696,545,261 | 1,555,860 | $339,812,350 |
| | | | | | |
| 10:1 | | | 69,654,526 | | $339,812,350 |
| Average = | | $4.47 | | | |
| | | | | | |
| 2021-11-29 | 98,104,584 | | 167,759,110 | $75,540,528 | $415,352,878 |
| New Avg. | | $2.48 | | | |
I hope this helps you with your anger and or understanding and or drive to convince Iorich to sell.
Cheers,
Notgnu