Thursday, May 21, 2015 11:23:38 AM
They did not get $125K worth of stock. They accepted a bunch of overpriced shares in return for some overpriced property.
Both the stock and the property were equally worthless but both had an artificial value.
NBRI got the worthless stock and Ximen got the worthless property. Funniest thing is both probably thought they were getting the deal of the century.
Ximens value has dropped considerably and will continue to drop just like NBRI.
in time both the stock and the claim will revert to their beginnings as worthless.
No need to rewrite history. It is being written as we type.
Ximen has a PPS of .07 and an average volume of 500 shares.
It has a 30% spread and the next person who gets to sell will drop the PPS to a 90% drop from where NBRI received shares.
It was a fair deal they both got nothing for nothing.
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