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Ogclip, This is Why it Matters...
If Insiders hold the restricted shares, they don't have to sell them in order to profit, but simply hold shorts against them for a hedge and end up profiting wildly. In less than 6 months these shares tumbled from $10 a shr, you do the math. Remember they didn't have to pay anything for their original shares!
Hey ogclip, QUESTION..
And who owns those RESTRICTED SHARES?
"As of Today, January 5, 2007, the total outstanding for El Alacran is 538,146,855 shares.
The float is 245,576,846 shares and there are 292,570,009 restricted shares."
MUCHO COSTO!!
Which translates to MUCHO STOCK SALES.. Bwhajaaa!
I Warned U Baggies..
About the DILUTION POLLUTION and got my messages DELETED just trying to help U out. This scam is going to $0.0001 where it will REVERSE SPLIT 1:100, U can delete this message again or U can finally get a clue and be able to recoup enough to cover Ur commission..
Gold Takeovers Reach Record on Lack of New Supplies
By Choy Leng Yeong
Dec 27 (Bloomberg) -- Gold-company acquisitions this year surged to the highest level in at least a decade, and the industry may continue its buying spree in 2007 as producers struggle to find new deposits.
Goldcorp Inc's $8.5 billion acquisition of Glamis Gold Ltd was the biggest of 357 deals valued at a total of $24.3 billion this year, data compiled by Bloomberg shows. That eclipsed the $16.2 billion spent last year on 341 transactions, including Barrick Gold Corp.'s $10 billion purchase of Placer Dome Inc.
Producers are rushing to boost supply because mines are being depleted faster than new reserves are being found, and a six-year rally in gold prices is providing cash to buy assets. The number of discoveries of at least 2.5 million ounces has declined for eight straight years, according to Metals Economics Group in Halifax, Nova Scotia.
"The driving force behind the M&A is that you have difficulty finding new gold mines," said Graham Birch, who helps manage $27 billion at BlackRock Investment Management in London. "It's all about trying to get access to reserves."
Its a Thing of Beauty Kermit.. HoHoHo!
Being Short, that is - Check out this board before u blow ur next wad, ok?
http://www.investorshub.com/boards/replies.asp?msg=15746311
Bwahajaa!
On the Stink Pile..
Baggies, I warned ya months ago..
http://www.investorshub.com/boards/read_msg.asp?message_id=15746311
Ur a Lot Like my Girlfriend..
Sometimes she comes outta the john with brown toilet paper hanging down from her nightshirt.. Bwhajaa!
Quit Bustin' my Balls..
Beitch!!
Company Doesn't Exist.. Bwhajaaa!
Want the truth? They have a Plano Texas registrant.. Period! That's right -- No business whatsoever. All they're doing now is selling their previously held shares to you baggiefarts. Then after they collect their 4th million of U sukers its time #5 for another name change into the next reverse merger.. Bwhajaaa!
EAGM Began Like Most Pinks..
Looks like they reverse-merged into a corporate shell in order to have the required number of 'free trading shares' to be able to list their securities. Otherwise they would have had to have 2 years history of at least 50 stockholders who were not insiders, holding at least $40k in stock..
What this does is gets them involved with the stock sharks who specialize in listing pinks and OTC/bb issues. Their fee is held in stock, so once they dumped at $10/share they take a huge short position and ride it down to reverse split and then short it again..
Unless a new company can get itself out of the shark infested waters of pink sheet and OTC/bb and obtain a listing on the regular exchanges, the only time peon investors like yourselves can win is during a short-covering rally where the shorts let the price rise in order to short more at higher prices..
Since EAGM does not report, ur all in the dark..
All U know is they like to REVERSE SPLIT their stock a lot and change names once they sour the old ones..
EAGM:
Outstanding Shares: Not Available
Estimated Market Cap: Not Available
Authorized Shares: 500,000,000 as of 04-04-2006
Float: 195,000,000 as of 04-04-2006
Current Capital Change:
shs decreased by 1 for 1000 reverse split
Pay Date: 2006-05-23
Dividends: Bwhajaaaaa!!!
Company Notes:
Formerly=Digital Sign Corp until 6-99
Note=Company is in the development stage
Formerly=Pawnbroker.com, Inc until 8-05
Formerly=Orinoco Resources, Inc until 5-06
Class Notes:
Capital Change=shs decreased R/S by 1 for 4 split
Pay-date=6-14-99
Capital Change=shs decreased R/S by 1 for 10 split
Pay-date=8-2-01
Capital Change=shs decreased R/S by 1 for 1000 split
Pay-date=8-5-05
Transfer Agent:
Signature Stock Transfer Inc, Plano TX 75093
Dontcha Just Luv It..
Everytime a stock takes another dump, management is right there to blame the Big Bad Hedge Hounds?
Bwhajaaaa!!
Then its even worse than I thought..
If your letter is real and intact, then Management is purposely misleading investors while they steal your $$.
So, which is it really?
Quack Management Letter ?
That mgmt letter was either a total quack or a heavily massaged version of an actual shareholder response. Its obvious that management has done nothing but SELL this company's shares from inception for cash. My thinking is they will eventually take it to $0.0001 and then do a REVERSE SPLIT, thinking otherwise is the same as blowing smoke up ur azz.
80% DECLINE IN 3 DAYS..
Imagine that, Baggies! And when Doxey did the R/S his shares didn't, the more he sells the more $$ he makes -- BigTime!
Anyhow, that's how its done, and there's lots of $$ being made shorting pos pinks like this.. They ALWAYS go back to $0.0001..
You Baggies Need a New Board..
Maybe you should just call it the Baggie Board, that way if the company changes its name as well as the symbol change, you won't need another new board then. These Doxy-types like to hide behind clean slates so they can continue accumulating fresh Baggie bills!
Bwhajaaa!
Baggies, Look on the Positive Side...
You got to see a 100,000% up-day for a brief moment this morning on your stock!
I get direct access using Master Trader..
http://www.mastertrader.com/
Trading System.. Here's a good one for auto-pilot buy/sell
http://www.stocksignalpro.com/SMP_offer.htm
Baggie Butt (PreSplit) (_o_), (PostSplit) (__0__)..
Cause I can make bank.. You can't..
Learn the Game Baggies!
I'll buy the dead-cat at $0.0001 (PS).. Bwahaja!!
BWHAJAAA! Baggies now at $0.000025, 75% DOWN..
Hey, you guys finally got some ACTION.. Bwhajaaa!
BWHAJAAAA!!!!!
Who tried to warn ya, eh Baggies? Now ur tradin' at $0.00005, Whoah!!
GOLD Breaking to the Upside..
http://www.decisionpoint.com/ChartSpotliteFiles/061103_gold.html
I am not GOD, I'm a Duck..
Sometimes I'm a bad duck,, Bwhajaaa!
How do I know that a group didn't buy 100M today?
Probably did, every sale requires a baggie buy. You're only down 50% Mary, wat's wrong, can't take out the other 50% at $0.0001?
Bwhajaaaa!!
!!!!!!!!!!!!!!!!! W_O_W !!!!!!!!!!!!!!!!!
UNREAL... Price is Up to $0.0001, its a MIRACLE !!!
Lotsa Volume.. Many 9,999,999 Shr Sells
Baggies, it should take just another 5 months for PHBT to get to their 500 BILLION A/S count. Then the 5k : 1 RS gives them a nice 100 MILLION A/S count, and then they can do it all over again.. Bwhajaaaa!!
EAGM - Here's Some News Today..
10/3/06
http://news.tradingcharts.com/futures/3/6/83900063.html
10/4/06
http://www.smallcapcenter.com/snapshot_newsrelease.asp?component=compinfo.asp&page=snap_newsrele...
My Apologies to the Board..
My dry humor was in inexplicable bad taste making fun of the obvious -- I'm just a Bad Duck.. Bwhajaaa!
Bwhajaaa! Thanks for the $$ Baggies..
I dumped a shitload at the open for a fast $1,500 profits, seeya next month!
Hey, BaggieFarts....
How's it hangin'? All the way up to $0.0001 I see -- Bwhajaaa!
Ain't no lead dog in this game..Bwhajaa!
EAGM Looks Ripe to Run..
In this morning at $0.007, took profits on IGAI..
Woah -- Good One, Have you Seen this one?
Speakers On!
Bush is the AntiChrist..
http://www.bushisantichrist.com/
Should've called it sooner..
But I was on the Momentum Thread at the time and not sure it was actually going to run - it just kept creeping higher..
Here's Your Cash Transaction Implant..
Applied Digital Solution, an American company, announced a new syringe-injectable microchip implant for humans, designed to be used as a fraud-proof payment method for cash and credit-card transactions.
http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=35766