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Re: playfullyhappy post# 94306

Tuesday, 05/26/2015 9:29:16 AM

Tuesday, May 26, 2015 9:29:16 AM

Post# of 101798
Yes, pretty textbook. Even giving them the benefit of doubt on the scam issue these guys are so underwater with debt they continue to have to sell shares to just get by and this creates a death spiral as highly discounted shares are pawned off on gamblers and those buying the line of BS. If success is defined as them selling a few parcels of diamonds worth a few thousand while the spend $500,000 a year then I doubt the stock moves much and why should it? If you find diamonds, but still have negative cash flow they does not keep you an ongoing concern for long. It is like selling a product for less than it cost you and how many businesses can do that for very long and stay in business?

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