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Re: Slojab post# 16251

Tuesday, 09/06/2011 10:22:18 AM

Tuesday, September 06, 2011 10:22:18 AM

Post# of 21457

Here's the new and improved O/S count!

OLD O/S before the F/S lockout...6,453,070,853

NEW O/S after massive dilution...8,031,077,231




If the O/S before the 1.03 for 1 forward split was 6,453,070,853 that means that the forward split would create an additional 199,579,510 shares making the new O/S 6,652,650,363 after the forward split.

So how many shares did MGRN dump while its loyal pre-forward split shareholders were locked out?

1,378,425,686 shares


1,378,425,686 new shares issued/dumped while the original shareholders were locked out during the minuscule minimum 1.03 for 1 forward split.

Stock manipulation scheme a success.

I hope too many new investors didn't get suckered in here. No bid probably coming soon. Reverse split probably not far after that.

all IMO of course