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Re: None

Tuesday, 05/26/2015 9:45:15 AM

Tuesday, May 26, 2015 9:45:15 AM

Post# of 106828
AM Level II, BMAK has it "bracketed" on the Bid/Ask, both sides-

Looks like it's pretty much going nowhere then today IMO.

0.005 / 0.0056 (150000 x 100000)

BMAK has a 10K share block (what a surprise, eh !) parked on the Ask at .057 and is also on the Bid with a 10K share block at .0046

That looks like about it then- at least for now. The dilution MM's appear to want the shares right around .005, and are willing to only pay in the .004's it seems if anyone wants to sell much of a chunk, like more than $500 bucks or so worth- then the Bid gets dropped rapidly to the .004's, real fast.

Oh well- guess the big ole "REVISED" version the "PR" end of last week didn't cut it either? PR doesn't seem to do much with this one anymore from what I've observed since at least 2015 started, pretty much since they inked two large financing deals with Magna (The Josh Sason run hedge fund lender, see link below to excellent Bloomberg financial journalism piece on Sason and Manga), among the additional qty-5, FIVE other dilution/toxic, convertible debt, floorless deals they've already done in just Jan/Feb and April of 2015 already (see latest SEC 10-Q and 10-K Danial James, Vis Vires group, KBM Worldwide, Fourth Man, etc all hedge fund, convertible toxic debt dilution-for-cash shares deals all done in early 2015 already)

Looks to me like dilution, massive dilution runs the show on this one for now, maybe for good IMO. Like 50 MILLION plus shares of pure common share dilution- just in the period from the 10-K for 2014 to the 10-Q for Q-1 2015 and it's on-going, non stop. Many convertible debt deals coming due one after another, plus continual "draw downs" on the MAGNA credit line as already shown in the end of 2014 10-K and the Q-1 2015 10-Q.

My .005 cents worth or so

http://www.bloomberg.com/news/articles/2015-03-12/josh-sason-made-millions-from-penny-stock-financing

http://www.sec.gov/answers/convertibles.htm

http://en.wikipedia.org/wiki/Death_spiral_financing


Posts contain only my amateur opinions, personal views and thoughts. I discuss stocks as a hobby only. Always do one's own due diligence before investing.