@jbjunk69@CDe_Gasperis The positive side is that he probably wouldn’t buy any stock unless he was 100% sure there was a catalyst in the very near future… or he’s looking for a pump to dilute shareholders so he can deploy into SSOF again
@broheim777@CDe_Gasperis The only thing that matters is his SSOF payout. You bet your ass he’s going to dilute as soon as the stock price goes up if metals gets a pump this year.
@broheim777@MeraGoldPlz They have 270M in NOLs so the tax impact would be minimal. If that scenario does happen it would be almost straight cash to the BS (some taxes need to be paid)
@broheim777 To me it seems like they raised money for SSOF under the guise of refining silver with no set plan and using an unproven mix of technologies.
@broheim777 People will trade it since there’s no substantive news for at least a quarter. Will likely hit the raise price and then start building again.
@broheim777@CDe_Gasperis Don’t forget he also said he would do acquisitions with stock through bioleum. My guess is they dilute at the expense of lode ownership. People think we will own a majority when it’s all said and done, but I think we will own close to 20% after series B and other raises
@theBestBlock@quantsisco Yeah but those are just dilution funded investments. Nobody has made money holding this stock long term lol again, hoping that changes with the first facility