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Re: dippyfloppity post# 23388

Friday, 06/19/2015 12:40:59 AM

Friday, June 19, 2015 12:40:59 AM

Post# of 24848

Speaking of, cooler heads - or anyone keeping track. What are your estimates for the remaining PIPE shares left?


That is actually an irrelevant question. And it is not because the waters are safe.

The last time I posted my dilution update and included ANY numerical estimate of the toxic .05 PIPE stock was many months ago and at that time I estimated that there may be approx 6-8M shares left out of the original 22M shares.

Some time later after that, after more aggressive bid-hitting at levels only the .05 holders would even consider bid-hitting at, I commented that it may be possible that there were only a few million shares left. HOWEVER, I immediately followed that post up with another post stating that the actual PIPE shares were not our biggest concern because the homophobic criminal JOSEPH ZAMPETTI along with his fellow CORE criminals have been very active penny flippers and NOT "buy and hold long term investors" the way they lied about being.

This meant that all the additional tens of millions of shares that the 30+/- CORE members frontloaded and traded were now also priced to sell due to having been significantly averaged down thanks to 28M shares of 0.00 and 0.05 PIPE stock.

In that same post, I estimated that the CORE likely held 40-50M shares at some point that they were churning over and over -- and shortly after that, SCRC published its first investor conference presentation deck which confirmed my theory by specifically disclosing that the CORE held 40M shares.

Point being that with the tens of millions of personal shares that the CORE has and continues to churn over at prices that legitimate shareholders simply cannot compete with, worrying about solely the PIPE shares is akin to worrying about raindrops getting you car wet while you're in the middle of a hurricane.

No one knows when the CORE will be out of shares to flip. It is obvious that this number is far far less than 40M now based on the significant decrease in the number of historical CORE pumpers still around. That being said, it is clear the JOEY Z still has shares to flip as he is essentially the only one left pumping to himself on their CORE platform.

IMO, once he realizes that it is in his own best interests to shut the f-up and at least make the market believe that he is gone, then that is when everyone (including himself, ironically) can benefit from seeing the sp rise -- and maintain the rise...