Hey folks, hope you are all doing well, even through this nasty dark time of SPNG. It looks pretty bad, and for any of us longs left here, at this point in time looks like the FL is singing. And if anyone has any thoughts or input for what I'm about to say, Please do so. If in fact the O/S is 3 billion. IF the Mo_Bro's dumped and additional 2.3 billion shares into the market (based on the claimed 722 mil). Lets go over a few scenarios:
1,000,000,000 X .05 = $50,000,000.00
1,000,000,000 X .10 = $100,000,000.00
1,000,000,000 X .15 = $150,000,000.00
Given above numbers, lets take 2,300,000,000 X .08 = $184,000,000.00
Thats 184 million. Where did it all go?
I dont know, dont know what to believe except the obvious that the Mo_Bro's are up to their eyeballs in stink. The company has strong possibilities, the product is in stores all over the country. As much as I hate to admit it seems those who were warning us about it seem right as rain. I for one am sorry I didnt listen(slthough I stick to my feelings about the company and the product), and even sorrier that circumstances prevented me from pancaking the stock.
Good luck to all, take care, God Bless,
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