| Followers | 116 |
| Posts | 11877 |
| Boards Moderated | 1 |
| Alias Born | 03/08/2004 |
Tuesday, August 28, 2012 4:30:33 PM
They Maxxed Authorized shares
So no conversions for their lender for the next 2-3 weeks while they file the already approved Authorized shares increase.
No convesrions=no shorts
The large shorting during the summer coincided with the large increase in average daily volume. Why was volume so high? IMDS sold 1.4 Billion shares into the market through their lender Southridge.
Notice in the spring adv was 10-20 million shares
Then in the summer 100 million shares.
Now we are back to 10-20 million shares.
September 2011: 985,468,507 outstanding
Feb 2012 : 1.4 Billion shares outstanding
May 2012: 2.4 Billion shares outstanding
Aug 1 2012 3.8 Billion CURRENTLY OUTSTANDING!!1
http://www.sec.gov/Archives/edgar/data/790652/000079065212000031/pre14c_080212.htm
With IRS tax liens to the tune of $1 million against the company, they'll be resuming conversions as soon as humanly possible
So no conversions for their lender for the next 2-3 weeks while they file the already approved Authorized shares increase.
No convesrions=no shorts
The large shorting during the summer coincided with the large increase in average daily volume. Why was volume so high? IMDS sold 1.4 Billion shares into the market through their lender Southridge.
Notice in the spring adv was 10-20 million shares
Then in the summer 100 million shares.
Now we are back to 10-20 million shares.
September 2011: 985,468,507 outstanding
Feb 2012 : 1.4 Billion shares outstanding
May 2012: 2.4 Billion shares outstanding
Aug 1 2012 3.8 Billion CURRENTLY OUTSTANDING!!1
http://www.sec.gov/Archives/edgar/data/790652/000079065212000031/pre14c_080212.htm
With IRS tax liens to the tune of $1 million against the company, they'll be resuming conversions as soon as humanly possible
#1). You have money. Other people want it. All of it!
#2). You want easy money. So does everybody else. They'll get it, too....yours! (and all of it!)
#3). You tell yourself you're smart. You won't lose your money. Fact: Other people are smarter,
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
