richme
2 weeks ago
An increase of 1 billion shares, if sold at .002 will bring in 2,000,000. This will provide funds for salaries, perks (if any), and other overhead items leaving ??? for revenue production. That is one thing the CEO and/or Board are not release to public investors. If we want to know we have to fish for it. Once we find it there is nothing we can do about it.
richme
2 weeks ago
http://archive.fast-edgar.com/20241205/AR2Z3G2CZZ2RNZUZ2K9B2ZY2WLJ4ZZ22ZV62/ (quote in part)
Basic or essence is that we are increasing the share count because we can by law and we are going use the any proceeds for whatever we want and you can not do anything about. Yes, the interpretation is very negative but true to me, at least. Read the report for yourselves and factor them into your thinking.
Our Board believes it is in PWDYโs best interests to increase the number of authorized shares of Common Stock in order to give us greater flexibility in considering and planning for future corporate needs, including, but not limited to, potential strategic transactions, including mergers, acquisitions and business combinations, stock dividends, grants under equity compensation plans, stock splits or financings, as well as other general corporate transactions. The Board believes that additional authorized shares of Common Stock will enable us to take timely advantage of acquisition opportunities that become available to us, as well as market conditions and favorable financing. We do not have any definitive plans, arrangements, understandings, or agreements regarding the issuance of the additional shares of Common Stock that will result from the adoption of Authorized Share Increase. Except as otherwise required by law, the newly authorized shares of Common Stock will be available for issuance at the discretion of our Board (without further action by our stockholders) for various future corporate needs, including those outlined above. While effecting the Authorized Share Increase would not have any immediate dilutive effect on the proportionate voting power or other rights of existing stockholders, any future issuance of additional authorized shares of our Common Stock may, among other things, dilute the earnings per share of our Common Stock and the equity and voting rights of those holding equity at the time the additional shares are issued.
SPM555
1 month ago
I'm a big chart guy, not in the sense of magical fortune telling abilities but more a reflection of price action telling a story. What I think most people miss with $PWDY is that, even though it's sold off since .006 over the past four months, the bigger picture still shows an uprending stock with higher lows/ higher highs. That is to say, even after a 4 month beat down, the current price is still holding above an ascending 50 month moving average. I'm a real nerd for looking at the trends on OTCs from long term vantage points and I can't stress how rare it is to see an OTC with a long term chart like this. I've been adding since we broke below .003 and have a large position, though will continue to add more because I don't think strength like this ever happens on accident. Short/mid term weakness + long term strength = amazing buying opp
Musicman99
1 month ago
Would like a pulse check from you all.
Besides the pps collapsing, the fluff PR, and lack of anything concrete, how are we feeling about the actual product?
Do you think theyโll be competitive enough to scale? Or is this going to be a mom and pop sized company.
Ai is about to be huge, and motors will be needed.
Iโm hoping this means that this stock rising is more of a when, and not an if