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RFB

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Alias Born 07/07/2011

RFB

Re: willlbone post# 2061

Wednesday, 05/11/2016 4:36:57 PM

Wednesday, May 11, 2016 4:36:57 PM

Post# of 18220
That was a complete dump of shares is what it was. While technically it was weak, it always takes someone to sell in order for a bit to get hit.
The more DD I do on this company, its management team and the ongoing activities, or more accurately, the lack there of, makes me want to turn, run like hell and not look back. They are appointing more board members, hence more dilution to current as they have no money to pay them with and if I did not know better looks like an operation to pay off a few close friends and associates at the expense of unsuspecting retail.
Will keep digging around and likely going to refer the cast onto FINRA/SEC to take a better look at these folks. Something here just smells all wrong to me.

500M A/S
200M Shares outstanding
7+ Million Float

This screams we are paying off folks with shares and at some point they will enter the float/dilute the common. When they do, you will quickly see a multiple penny security NOSE DIVE/ SCREAM into sub penny territory, hence trapping current holders. This share structure is the epitome of a P&D operation making insiders rich while unsuspecting retail holds the bag. Share structures do not get much uglier than this.... BUYER BEWARE!!!!!

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