Tritent International Agriculture, Inc. (UNMK)

[nodummy]

I think you left out the main reason why this was done.

It was done by the company as a form of stock manipulation - plain and simple.

They conducted a minuscule basically insignificant 1.03 for 1 forward split so they could lock up the 6.5 billion outstanding shares and lower the float. This gives the company and insiders the opportunity to issue and dump shares at much higher prices than the $.0001/share it was sitting at before the tiny 1.03 for 1 forward.

The same thing happened with ENTI another company that uses the same legal counsel as MGRN, Christopher Davies. This is actually the third company that uses Christopher Davies as legal counsel that has done the same 1.03 for 1 split in the past 2 months. I don't think that is a coincidence.

The share holders were locked up for so long with ENTI that by the time their shares finally were freed up the stock had dropped way below where it was before the forward split. ENTI dumped hundreds of millions of shares during that lock up.

MGRN became a hugely pumped stock as investors saw the situation (partly thanks to the attention the 5,000 share trade that jumped the price up to $.05/share right after the split brought) and decided to come in and try to take advantage of the lower float with all the shares being locked up. I'm sure the company and its insiders love that you are helping support their stock manipulation plan. I just wonder who will win the tug of war. Will the company and insiders eventually be dumping at a faster rate than new investors will be buying? They will after all want to take advantage of these new prices while the opportunity is there. At some point the common shareholders that owned this stock before the minuscule 1.03 for 1 forward split are going to have their shares freed up and that will send the stock back down to $.0001/share. So obviously insiders will want to sell as much as they can before that point.

The big losers in all of this are the people that supported this company as shareholders before the split that got screwed over by the company when they locked up their shares and put out press releases immediately following the split to attract new investors so they could run their stock manipulation scheme.