John, let's be realistic. Prior shareholders aren't "letting shares go" because anyone that owns the stock prior to the reverse split, is down in excess of 90% just by holding thru it - and many don't wish to throw good money after bad at this point.
Chris, Jan and Charlie should be purchasing shares wouldn't you think?
I believe Charlie even referenced. in a tweet that it was a good buying opportunity.
The OS. is around 8?7M shares. Im hard pressed to believe it is Chris's intention to NOT increase the outstanding share count when he indicated in the wording in the last filing, the adjustment to its share structure (RS) was necessary to better provide for funding. This obviously means there will be shares coming to market and BRSE is expecting present share holders to pay for the funding.
Well, thats not happening Chris, as evidenced by "the street" not bidding the shares, allowing it to fall down from .10 to the .01's
Reverse stock splits never work and it was an extremely up obtuse thing to do when promising you wouldn't. Shareholders are not willing to purchase stock when they know for a fact you will be issuing more shares to dilute the outstanding share count to "fund" further "acquisitions". Acquisitions of what exactly? Think about the last two you performed and how both of them completely exploded causing nothing but destruction in our market cap.
Listen Chris...
That's the sound of silence.
You should be used to it because you've been a master of it for many months, hiding out behind the verbage of corporate filings. You don't even have the common decency to respond to shareholder concerns about frame pool, the facts behind exactly what happened and now this African venture failure. Your investor relations representative is just a typical run-of-the-mill guy that uses vague terms to string suffering shareholders along.
This is not bashing. This is me telling the truth and those of you that know me, and know all of the hard work and due diligence I have put into this stock for at least 3-4 years, know that I speak the truth and spit it as I see it. Christopher was once respected but the majority of this forum, but he has proven himself to be a failure as a CEO of a publicly traded entity which made promises that it could not keep. There isn't a soul here on this board that knows what this company even does for a living anymore.
No one is trying to believe you again.
