InvestorsHub Logo
Followers 374
Posts 16844
Boards Moderated 4
Alias Born 03/07/2014

Re: BluSkies post# 16388

Tuesday, 09/29/2015 3:08:53 PM

Tuesday, September 29, 2015 3:08:53 PM

Post# of 106833
.0016 on the BID I see.

Yepper and look at that freaking volume it just put on as that Bid/Ask mass collapsed, HOLY COW !!

16 MA MILLION plus shares just went off like a firecracker as the Bid sank to .0016

0.0016 / 0.0019 (958000 x 1321200)

1.3 MILLION shares still on the Ask/Sell-side and the Bid is thin and weak all the way below .0016 now, HOLY FREAKING COW !

Looking real rough here IMO. I don't know how long this thing can last at this kind of pace of wipe-out since they announced the massive 1000 to 1 R/S reverse split thingy only a few weeks back (seems like forever though, LOL !!)

I mean the wipe-out in common share price and market cap has been staggering and unrelenting. They'd have to be in pure survival mode by this point it seems to me? I just don't see how they wouldn't be?

It's been stated many times here and other places I've read that CEO Tomas is supposedly "rich" as are several insiders supposedly (Leonhardt the founder among others) and the Chairman, etc. I don't understand why these supposed "rich people" then- just don't get themselves and 10 of their wealthy friends/family together (or whoever) and say put up like $500K to $1 million each (mortgage their homes or use their own cash wealth many here say they have, or whatever like business owners do all the time) and just buy this thing out if they supposedly believe in it so much and claim it's worth like a $BILLION or more (CEO is on video saying it's a "BILLION dollar proposition)- so why, why, why don't they just buy the pittance of the $1.7 million market cap out and the $5 million in debt or whatever and TAKE IT PRIVATE and all become richer supposedly- as they claim this is the greatest thing since sliced bread and blah, blah, blah.

Instead- they keep paying themselves big salaries (see their SEC filings) and paying interest to Northstar and paying the secret "guarantors" and giving the two people left at the company massive salary raises (see any recent 10-Q or 10-K) etc- all while living off of MASSIVE COMMON SHARE DILUTION and MASSIVE never ending use of toxic, floorless, convertible debt deals (see any recent 10-Q or 10-K, Asher, Magna, KBM Worldwide, Vis Vires group, Daniel James, Fourth Man "notes" etc).

It MAKES NO SENSE TO ME- they've crushed their own share price using toxic dilution- BUT, claim they've got some winning company on their hands that will make everyone "rich" and blah, blah, blah. SO WHY DON'T THEY BUY IT FOR supposedly "cheap", like .0016 PER SHARE, LOL !!! WHY? They sure seem to like getting paid- but only via using DILUTION MONEY and not their own money?

IF, IF this "new plan" thingy of their's (the "clinic" and the vet blah blah and the whatever else they presented- I can't even remember, other than NO MORE CLINICAL TRIALS for the "heart" seem to be happening anymore, that's fa sure IMO, LOL !!) if it all was supposedly going to be highly successful as they claim in PR and numerous other statements like the little slide-show/Power-Point presentation thingy they've now put in the 10-Q filing and the R/S 14C SEC filing, etc- then WHY DON'T THEY BUY IT OUT AND GET REAL RICH??

What, they don't believe in their own grand plans enough to go it alone using their own risked money/cash w/o the dilution machine and share selling/dumping to prop um up?????

Again, if all they say is true about the supposed "value" of this "company" (a few people left in a leased office "suite", LOL !!) - then wouldn't they want to OWN IT ALL and make the easiest money and incredible riches one could probably ever make supposedly?? NO??? WHAT AM I MISSING HERE???????





SO, BASED ON THEIR LITTLE VIDEOS (paid penny promotions IMO)- WHY DON'T THEY BUY IT OUT?? A supposed "$BILLION DOLLAR PROPOSITION" and the guy could buy-it-out for probably less than $7 MILLION right now- but doesn't do it?????? WHY????????? WHY live off the dilution machine instead????? They can't scrape together 10 wealthy investors and themselves to put together enough scratch-cash to just buy this thing- at the massively collapsed market cap it's at today, LOL????? REALLY? NO TAKERS, NO BUYERS?? WHY? WHY IS THAT????

I don't get it- makes ZERO SENSE TO ME??????

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.