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Re: MIKEY501 post# 21463

Monday, 11/10/2014 7:33:28 PM

Monday, November 10, 2014 7:33:28 PM

Post# of 23104
You're right. I started off reacting to someone's post about this going sub-penny. And at 1c my calculation is correct ($600K). At 2c we are at $1.2M.

I'm not saying it won't drop that low. With volume this low, someone clawing their way out might drop it way down.

My hope, if it goes that low, is that we see a LOT of volume. Get some sharks in here who will then run it way up.

As for me, though, I'll wait. Any of the following could happen:

a) Marcus Frasier grows up enough to be a responsible CEO

b) Marcus Frasier realizes he's sick of being a loser CEO and wants to sell while he can still get a bunch of cash

c) Someone comes through here and realizes that the float is only 13M, with a very low probability of share issuance, and they decide to make some money by running this way, way up.


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