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Alias Born | 01/30/2014 |
Sunday, August 03, 2014 11:10:29 AM
Going on 1 year nothing but a website to see, and 600M new shares in the OS.
Now call me crazy, but it doesnt take a rocket scientist to conclude many of those 600M were dumped during the MR promo. It simply cannot be that 1.5B shares traded hands (almost double the float) in 10 days..... without it being dilution. Theres no other way, and dont say it was MR who had loaded up since 0001. MR didnt come around until 6-7 months after 0001 when the price had been over .002 for quite some time. To think they would spend that much money (remember 1.5B shares traded hands in 10 days) for that long, is utterly stupid. By this theory, assume MR had loaded just half of the 1.5B... at say... 0.0005 average. That would cost $375,000
Ok... but never was 750M available for sale at that low of a price and never would a promo group pay that much out of pocket... never.
Sure they front loaded in the 003s. And sure, many common shareholders traded the stock. But for 1.5B shares there would had to have been massive dumping. One posted calculated it at 100M... im saying more like all 600...
But whats next, Anonymous will blame naked shorting mms? Ha ha ha
Its called dilution of the 600M shares... it's crystal clear to me
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