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Re: joseagro post# 13155

Thursday, 06/19/2014 10:48:50 AM

Thursday, June 19, 2014 10:48:50 AM

Post# of 34668
jose......only shareholders who bought this dropping knife in the last week or so may or may not see a nice pop.....

I honestly admit that the spike right before the halt with that volume was very impressive......continuing on the volume the day before right before its closing.........they knew this anouncement would provide some sort of pop.....how big and for how long knowbody knows for sure.....


the company should have borrowed money from some other bank and paid off hannover or whomever else rather than to allow itself to be diluted by 1000%........this is why the stock has fallen from so high ...dilution has destroyed this company.....

at 1 dollar this would be a 120 million dollar company..........thats not chump change and i argue if this is what you think a 120 million dollar company looks like.

its very possible if the rumours are true of a potential short squeeze this will go higher due to the forcing of covering shares regardless of the marketcap i bring up........but how true are those rumours ......how many shares are really short???? and how high could it pop before the shorts just ride it out to see it drop to 10 cents again? like the full reversal it just did..

i saw the os go from 10 to 35 mil and i thought that must be the final dilution to pay off hanover...but nooooooooooo.....they had to get to over 118 mil to do that....its pitiful........they should have 50 million in cash after that kind of dilution........

sec is asking questions...for better or worse we will have clarity if this is a scam company or not.....and if they get a green light i also give this a 50% chance of going over 1 dollar short term based on what looked like short covering..forced or otherwise based on the news of debts paid to hannover.....

is their mine really worth over 100 mil or is that just another overstated rumor?? and what about their burn rate?? have they slowed their burn rate at all??? the could be a going concern in less than a year with that burn rate......

good luck to you.......I only pose the questions, find your own answers,

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