No need to fear $CFVI $RUMBig 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 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.
