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Re: stockticks post# 18059

Wednesday, 07/01/2015 12:31:08 AM

Wednesday, July 01, 2015 12:31:08 AM

Post# of 20360
REAC is the poster child for scams. The the prior r/s was really not long ago at all. It was a mere 1 for 10 and the crooked management of the REAC empty shell (with no business) lowered the authorized to like 595 mil. It split at .0010 and the ceo handed himself a billion shares and took it right down to no bid. It never bounced or recovered. Instead, REAC did a bigger split 4.75 months later (6/17/2015) and wiped out everyone completely.

What makes you believe that the a/s count won't be raised to 5 billion overnight again?? Last time it was raised while the friggin "D" was still on during the r/s. It does not get more scammy and risky than that. I honestly never saw such a thing. FYI, there were 3 r/s in less than 12 months. Gosh, I never saw anything like that either in 18 years of trading. The risk is massive here due to inept, crooked management of this empty shell. It's legal theft, nothing more.

Unless they run a promo so they have the liquidity and volume to sell what they have. Seen it too many times. Only time will tell