Monday, September 15, 2014 9:13:16 PM
Notice,as of now everybody waiting for the money only(funding),but not at least for Proto3 completion,which they promised to be completed last year.
Another bad sign is how they issued that S8.It would me no problem if they issue that S8 before the news when price was at 0.004-0.005 ,but they filed that form after the news hit the market and price rose already to 0.025 by the end of the first day.So,if they chose to file S8,proper price should be around 0.02 at the time.
But what happened?With the price over 0.02 they practically ripped off investors and granted themselves 50M shares at 0.0055 when the price was already at 0.02-0.03 .Nobody will believe that they did not dumped them into the market all the way down here.
Compared to other OTC companies - this one could be the one to play...but Gosh...they blew it...especially after all the dilutors MMs parked at the ask - it was clear to me,at least.And the conference?! Too many mistakes and promises they did not kept.
Now.I hope they selling as much shares as they can and Paying out Debt and cleaning balance sheet.Unfortunately,it seems like another r/s coming and after that we'll see their filings and talk.
Price target 0.0005-0.002 before the r/s.
IMHO
"Never argue with a fool - they will drag you down to their level, then beat you with experience."
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