No need to fear $CFVI $RUM
Big dip of about 16% trading today 9/15/22.
Basically potential for stock dilution
Potentially 105,000,000 (Yes millions) new shares for the insiders (Staff, Executives etc)
50% of 105M shares (52.5M) would only be released if
RUM trades above $15 dollars for a 20-day period within a 30-day period.
The other 52.5 Million shares would be distributed ifRUM trades above $17.50 for 20 days between a 30-day period.
KEY TAKEAWAY: IFRUM TRADES UNDER $15 DOLLARS FOR A 10-DAY PERIOD STARTING FROM 9/19/2022 RUMBLE THUS WILL NOT BE ADDING MORE SHARES.
Personally, I want the shares to be diluted because the good people over at Rumble.com deserve it.
Basically potential for stock dilution
Potentially 105,000,000 (Yes millions) new shares for the insiders (Staff, Executives etc)
50% of 105M shares (52.5M) would only be released if
RUM trades above $15 dollars for a 20-day period within a 30-day period.The other 52.5 Million shares would be distributed if
RUM trades above $17.50 for 20 days between a 30-day period. KEY TAKEAWAY: IF
RUM TRADES UNDER $15 DOLLARS FOR A 10-DAY PERIOD STARTING FROM 9/19/2022 RUMBLE THUS WILL NOT BE ADDING MORE SHARES. Personally, I want the shares to be diluted because the good people over at Rumble.com deserve it.
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