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Re: thunderttt post# 2925

Tuesday, 02/10/2009 8:16:14 PM

Tuesday, February 10, 2009 8:16:14 PM

Post# of 59026
Pinksheets says total dollar volume traded today was 14,296. If you take all 241.6 million (thanks alexindef) traded since 1/30, and an average price of .0003 that's $72,480 (or so). So, if the company was diluting and sold EVERY ONE of those shares that's the most they could have taken in. If they were diluting how much of those 241.6 million were theirs? One half = $36,000, one quarter = $18,000, one tenth = $7,200. Not a lot of money. Now, if they did something like MGRN, that's a different story, some real money involved there. Hopefully, that won't happen but if it does get into real money the price would have to go way up, like MGRN. If that happens, we'll have to make the choice whether or not to get out at .003.

Just looking for a ride. Don't care what kind of car it is as long as it runs.