InvestorsHub Logo
Followers 25
Posts 5305
Boards Moderated 0
Alias Born 02/17/2009

Re: osten55 post# 39616

Wednesday, 04/22/2015 9:21:14 PM

Wednesday, April 22, 2015 9:21:14 PM

Post# of 74430
I hope so too for his sake cause once a stock drops down to these levels,(triple zero mark)the selling of new shares really ramps up. The annual report showed where Ed had sold millions of shares as low as .000025 a share to some private investors. He is practically giving shares away at that price. If Ed sells 500m new shares at .000025, that would only net him $12,500.
My guess is he's probably already at or very near the ceiling of 1.5B. It wouldn't surprise me if the shares authorized were increased again.
GLTA.