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Re: Pingu1 post# 6755

Tuesday, 04/15/2014 3:01:44 PM

Tuesday, April 15, 2014 3:01:44 PM

Post# of 30014
Do you believe that the book value of this "Company" is going to increase 5 fold when those shares start trading? It will be 400% more shares into the same Company valuation. What is the valuation, about $7 million today?
Anybody silly enough to buy the shares last year at around $3.50 on the strength of the 4 extra shares for each one held has been absolutely murdered. Despite mine, and many others warnings, they followed the pumpers over the cliff like a bunch of Lemmings.
The bloodletting is not finished yet, but at least you can console yourself in that you wont lose as much money as those mugs have.