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Re: RickNagra post# 85529

Monday, 07/14/2014 5:48:43 PM

Monday, July 14, 2014 5:48:43 PM

Post# of 163726
Guys this stock is COMPLETELY DEAD IN THE WATER, for the next 6 months to a year... just do the math... We've been averaging around 20 mil in volume for the last 2 months and that's a modest number.. multiply 20 mil by .0029 = $58,000(horrible)... let's just say we only have $15,000,000 left in the calculation period.(also a VERY modest estimation we more likely have 20mil left to go since we've had such horrible volume numbers recently) .. so 15,000,000/58,000 = 258.6 days left in the calculation based on Very modest numbers.... any news within this calculation period has already proven to be worthless in regards to the pps as it was also shown today with zero movement in the share price... you can only make so many excuses for this company. Bottom line is the calculation period is still far from done because of the horrible volume we've had.. yeah we had 100 mil in volume Friday and 58 mil today but that's just a drop in the bucket. Volume will drop back down to under 20 mil a day like it was. NOTHING going to move this stock up unless ironridge let's it ride up a little bit just to dilute it back down. Look at the NEWL lawsuit ironridge they showed proof that ironridge sells shares EVERY DAY and asked for more shares EVERY DAY. even after they made there money they were owed. This stock won't go any where on any kind of news. Even after the calculation period is over ironridge will still own hundreds of millions of shares to flip with. Then six months after that they will be able to hold a short position on the stock!!!!! There's no way to get away from ironridge even after they are done and paid off. They will continue to weigh down the stock.. to think that after they are paid off and done they will just disappear and the stock will be ok is COMPLETELY WRONG. As soon as they signed the ironridge deal this stock was dead for good.