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Alias Born | 07/06/2014 |
Thursday, October 13, 2016 12:44:03 PM
No fraud persay, thank God, just BAD business practices and not following the law. LOL. I am not happy about it but I consider this minor in the big picture of things.
The share count has ballooned for sure. My hope is that the stock can take a jump when they start mining and further when they starting announcing gold mined, BUT, there would be a cap on share price based on the outstanding shares. But as I have also mentioned, many people may take the gold delivery option, and if they do, that number could turn out to be a lot less. I talked to someone the other day who deals with a lot of the miners and knew about the ITEC deal and pointed out having never heard of such an opportunity of offering gold, which really is a cool idea and may even end up being the route or partially I take, I dont know yet.
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