Biolife Sciences Inc (BLFE)

[Robert61]

When the news broke that they brought out 300,000,000 additional shares, IFHR became someone else's game. Investors could not own any significant amount to bring their company public, and traders couldn't stop even try to squeeze shorts since their is now 300,000,000+ share that could be bought to cover.

It doesn't look like the group with the shares are going to make a business of IFHR, so for now I see this as a dead or suckers play.

It is too bad, as I was willing to buy in if the share structure remained tight or if the people granting themselves shares did so to make a company. For me there are better places to look.