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baomike

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baomike

Re: oneinamillion post# 19823

Wednesday, 04/16/2014 12:37:24 AM

Wednesday, April 16, 2014 12:37:24 AM

Post# of 22933
The issuance of the 87,500,000 shares is the whole point of the deal.
More merchandise to sell. I would guess they were out of stock.

Even if it gets under $0.01 it is still a bit of cash if he can sell the stock. It will take some careful selling to not tank the price.
I don't think this is an area of expertise for the Morenos but with
the help of who ever is running this (not Coleridge) it might be profitable.

It also could be that the board reaction was a little more severe than was anticipated.

Coleridge ownership rather than IGU ownership.

Not know to be true. I have found no evidence that Coleridge has ownership of stock in these companies.
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