Regarding the "so called DUMPING of shares by Company"
A statement which some here swear by is the reason for the price being stuck at .0001
WHY THE NUMBERS (AND ME) DON'T SUPPORT THAT THEORY
See below for breakdown of share counts since 2007
560,919,311-----DEBT @ .0001/SHARE====$56,082.00
Obviously makes no sense to sell at UNDER .0001
2,450,000,000-----PREFERRED TO COMMON
Preferred shares were given out on the basis of financing at the rate of .0001/share
Converted to common in order to participate in run up during starting of full production. This is why you invest in the first place.
Obviously makes no sense to sell at UNDER .0001
3,000,000,000-----DEBT @ .000075/SHARE (to LIANI GROUP)
You could sell at .0001 for a profit, YES. However, the comment in question is "selling at UNDER .0001". You would need to get .000076 or more for your shares. Although I don't know how much shares go for UNDER .0001, I am 100% sure that with no competition to buy the shares, those doing so, can OFFER whatever they want.
At .000075, the June 11 purchase of 236M shares would have cost $17,700.00 plus 4 commissions. After 3.5 months his maximum from his SALES would be $3,720.54 minus 39 commissions.
DOES ANYONE ON THIS BOARD BELIEVE THE GUY WOULD CONTINUE TO BUY AT THAT PRICE (there have been 16 UNDER .0001 trades for 6,826,700 shares since June 11 (another $512.00 plus commissions).
IF NOT, DOES ANYONE BELIEVE ANY SHAREHOLDER (BUT MAINLY THINKING "INSIDERS") WOULD SELL FOR LESS THAT .000075
TO ME, the logical conclusion is NAKED SHORTS are SELLING TO THEMSELVES TO TRY AND GET YOU AND I TO SELL TO THEM, SO THEY CAN "COVER THEIR .0001 SHORT"
27,785,264,936 CURRENT
16,941,321,385 DEC 2007
10,643,943,551 DIFFERENCE (does not include 200M buyback)
1,559,009,955-----SERVICES (prior to FLUSHAWAY)
1,150,000,000-----DEBT @ .0001/SHARE (prior to FLUSHAWAY)
7,934,934,496-----DIFFERENCE
2,324,014,285-----PREVIOUSLY ISSUED, REISSUED BY AUDIT
5,610,920,211-----NEWLY ISSUED SINCE FLUSHAWAY (Q2 OF 2008)
0,560,919,311-----DEBT @ .0001/SHARE
2,450,000,000-----PREFERRED TO COMMON
3,000,000,000-----DEBT @ .000075/SHARE (to LIANI GROUP)
