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Re: ITYS post# 16136

Wednesday, 01/28/2015 6:49:57 AM

Wednesday, January 28, 2015 6:49:57 AM

Post# of 20265

"I guess he could increase A/S by another what 100 billion and run this to .000001 or lower...
FYI, 13 million shares at .0002 is a mere $2600 ...they need to raise a whack more to survive...a R/S IMO gives Conman an entire different platform again...toxic lenders can start again at .10 ? .05 ? and ride it down will billions sold again...called RINSE REPEAT.."

I completely understand that toxic financing/reverse split cycle for most OTC Pinks.

I am just pointing out that if he doubled the A/S to 20 billion and sold all of those shares at only 0.0002, that is 2 million dollars. If the bid continues to absorb more shares, there is no reason (from Conboy's point of view) not to take advantage of it by running up the A/S (and then the O/S) even higher.

He get still do a R/S later once the bidders get tired of buying yet more shares and interest in buying drops to a no bid scenario.
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