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Next month will mark 12 years for this board, I read the first few hundred posts and the more things change, the more they stay the same. Same lies, same reverse split killing the current suckers to draw in the next batch, same hold, hope and pray. It's a shame these people aren't doing hard time.
Yes, I'm dumb, I'm out with a small profit. How's you investment doing.
Do they pay you to write that silly schite. Open a level two quote and have a good look at market depth.
Nice day for a company with no exposure........
My bad, looked at the Sept 13, 2013 announcement. 1 for 400 even worse, this thing will never hold .52
POSCD The reverse will be 1 for 100. Nothing like a good swift kick to the crotch for existing share holders.
Holding up well considering the fluff????
Every one seems to have forgotten that the company was charged in the scam as well as the Rooney's, it will be interesting to see the resolution there. Don't be to quick to assume that all is well and it's back to business as usual.
Did we see capitulation by someone short????????
A nice run up on a lesser volume, you may not get the dip.
Nice. You might add to that list that as of 14 Nov 2014 JOES certified to the OTC QB, they cleaned it up like a shiny new penny.
What is it they say about a fool and his money??? Oh yea, I remember now.
"In addition to injunctive relief, the judgments provide for the imposition of civil penalties against all three defendants in amounts to be determined by the Court upon motion by the Commission."
How much could the company "afford" to pay and where would it come from? Good riddance to this scam and scumbags.
That filing is a razor across the throat of existing share holders, and then its on to the next batch of suckers. Business as usual for this outfit. 9 billion shares gives an endless dump while still having control. They belong in jail, perhaps they are finally going to be put there and the stock revoked.
I'll be watching for the Form 4 filings. Their appearance or non appearance should speak volumes.
I guess my point badly stated was 4 billion shares and a market cap of 8 million, that should give anyone pause. Dilution would mean adding more shares to further diminish the value of existing shares, though I don't know how they could be less valuable. Aberration? I think it is perfectly normal for scams to be exposed and scammers to be pinched. $6,000 is a lot of money to some and not so much to others, one thing I am absolutely sure of, you could use $6000 to buy POSC or use $6000 to light a good cigar, either way the return will be the same.
4 BILLION shares and you're wondering about further dilution, You've already been thinned to microscopic. Think about what it would take to get POSC to a $4 billion market cap. Thats just a dollar a share. If it was real and booming it would never approach that kind of market cap.
It's been some time since the first issuance of MIPS, I hope the patience is about to pay off.
Did you miss the part where the COMPANY was charged as well as the Rooney's?
Get out with what you can. This thing will certainly be revoked.
Rooney's run off, 4.1 B shares and you got to ask why no volume? Who in their right mind would buy this? You?
I don't think its over here, and whatever comes is certainly down the road a year even two. Maybe some value in the Airline piece, and a shell co. in the stock, then the reverse merge if an interested party can be found. I've been in since the beginning of Small Business, hope to see it through.
There were rumors of a stock placement and a move up of the share price, obviously that was not true.
For the most part penny stocks exist solely for the benefit of the insiders and promotors. Go back 10 years and read this board.
It appears the exit is on,
No worries mate
Obviously some one with a bunch is getting out.
Could be where it's going alright.
No surprises here, why hold on to a non performer. take your lumps and move on.
If you're an existing shareholder, the company has stuck it in you and broke it off. If your looking to talk to some one, you'll have to wait for the next round of suckers and fools.................
It seems someone with lots is getting out...............
To late to sell now, only hope is to hang on and perhaps get a portion back with the next crop of suckers........
They have no chance of moving to a higher exchange, no revenue. NO Institutions are looking at this company. The only reason this R/S is happening is to make future offerings more attractive. A double screwing for current share holders. Not only will your share count be axed, you will in the near future see your percentage of ownership shrink, and your fortune dwindle as the share price returns to penny / sub penny levels with the coming re-dilution. A penny stock game that has been played over and over and over.
40 cents will not turn heads nor allow institutions to purchase this stock. This is about the company continuing to dump shares as a funding method, and the hell with existing stock holders. Won't take long to drop back in the penny / sub penny range.
Kiss your money good bye
Could it be that people are just moving on?????
Kiss half your money goodbye.........
The stench keeps growing........
The notes outstanding if converted will easily be enough to rest control of this thing, and I think that is what needs to happen. Only problem, Larson made a mess of things and God only knows what Person has done in her scheming.
A reverse without value and we're all wiped out, ofcourse thats what companies like this do, That enables them to start the game all over again. More likely to be 1 for 50 or even 100.