InvestorsHub Logo
Followers 218
Posts 38765
Boards Moderated 0
Alias Born 04/29/2008

Re: joeystocks post# 73540

Tuesday, 12/09/2014 6:20:54 AM

Tuesday, December 09, 2014 6:20:54 AM

Post# of 86719
They won't close up shop. They're making too much money with the pump and dump. They'll just keep it up until all the buyers disappear, then they'll do a reverse split.
They last split at the end of 2011 and the end of 2010 before that. Total of 1:3750. So they may be running out of steam. At that point, the stock wasn't even at $.0001 like it is now. But I never count DKAM out on bringing in fresh meat for killing. They have a great track record. Unfortunately retail is always slaughtered. It's only the insiders, promoters and other free share recipients who make any money.

And BTW, the Dec 27 2011 1:250 reverse split was announced on Dec 27 2011. They had filed for the R/S over 18 months earlier, after insiders approved it, but never announced it until it was effective.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8307871

They even filed a 10Q two weeks earlier without mentioning the coming reverse split. And that's when they were still a filer. So I wouldn't look for any advance notice.

Competing is intense among humans, and within a group, selfish individuals always win. But in contests between groups, groups of altruists always beat groups of selfish individuals.
E. O. Wilson