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db7

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Alias Born 09/02/2003

db7

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Re: swampboots post# 5

Wednesday, 08/27/2014 11:16:54 AM

Wednesday, August 27, 2014 11:16:54 AM

Post# of 14
hi swamp, I 'almost' bought a very large position here recently BUT as I dug more I 'think' I talked myself out of it.

I was thinking, wow! buy a $1 for $.60 and maybe get a cash divvy for all that free money at some point. OR maybe get an Israeli reverse merger.

Now, I'm not a professional so please do your own DD BUT what I think I uncovered was that in the event of a divvy we'd owe 25% to the Israeli tax collector. So buying $.75 for $.60 with no liquidity is just not the same as buying $1 for $.60 to me.

If this was a US shell I'd own 4.99% by now LOL.. just too many uncertainties for me here.

I'll keep it on very close watch for a deal but probably as far as i'll go with it for now.

g/l!

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