Friday, December 09, 2016 7:52:46 AM
So in hindsight I guess we can now surmise the .26 blockade was put on to prevent SMFI from running........ for whatever reason, they must have wanted the run on NULF.. not.. SMFI and now the floodgates have opened.
I can't recall ever seeing anything like this, other than the big stock promotions, back in the day, where promoters were able to load up early and cheaply. However, the loading here was different, unlike those promotions it appears as though actual long term investors were buying this.
Here is my question though, did those early investors know that the floodgates would be opened once the name change was official...?? To the average Joe investor, it just looked like typical penny stock dilution. If they knew and we did not then I call BS, because IMO it's a form of manipulation. I would have loaded the boat if I had known eventually this would be allowed to trade properly. I'm sure a lot of others would have as well.
My complaints have nothing to do with the actual due diligence here, only the trading action itself. From a DD perspective, Gandy's research, has always been incredibly compelling and exciting stuff.
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