Post by
Smokey1958 on Jul 03, 2024 6:48pm
Once Again
Once again insiders buy 10% of the available shares of the private placement. A private placement of shares at $.02 and warrants at $.05.
Individuals (and other investors) are not selling at $.01 to get out; they're flipping that money by dumping into the Bids at $.005 ....thinking this is the way to double their money and run. The failure in logic of this approach at this stage is that the BOTTOM has already been reached. Living entirely off investor fears does work, I suppose. What a wistful strategy though!!!
It would look good on these clowns if the pp gets filled, financials are somehow better than expected and Cereal Crunch is uploaded and launches into the stratosphere. Wishful thinking but hope runs eternal.
GLTE!!!
Comment by
1standgoal on Jul 04, 2024 8:43am
Insiders did not purchase 10% of this PP. Do the math again. Insiders spent 60,000.00 of their own money? Money that is paid via the PP regardless? Wow. That's confidence. This company has failed on every front. The only thing they have done successfully is list on the Venture Exchange and sell used toilet paper.