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Re: free_man_n_paris post# 61097

Tuesday, 07/22/2014 12:49:53 PM

Tuesday, July 22, 2014 12:49:53 PM

Post# of 76488
The LOW is controlled by the PP pricing! Do you know what that is? Mr. Molen has stated that a group of accredited investors are desirous of investing $1,000,000 and he has produced a private placement memorandum for that purpose. What is that price, is it common shares, is there a warrant attached, what are the other terms?
The 1Q balance sheet states that we have $31,000-ish in cash, so we must have sold some treasury stock to keep afloat in the 2nd Q that just ended; WE NEED CASH!
I love Mr Molen's ideas but he gets out ahead of himself with his PRs. It's great to finally have a scheduled date for a CC that's been discussed for weeks but when it's scheduled 12 days subsequently it may cause some "added" concern.
The good news is that he can possibly "clear the air", but in the meantime the PPS can be a roller coaster!