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Re: Princster post# 43864

Wednesday, 10/22/2014 12:46:24 PM

Wednesday, October 22, 2014 12:46:24 PM

Post# of 44319
I think the halt was either related to another company (of Radly's) or other people (prior management). I don't see what he did wrong in Imerjn, other than massive dilution to build a company. He put out a PR saying he was doing exactly that, so people used to penny stocks had double reason to understand what was happening.

Will be interesting to see what happens with finra, as virtually nobody can sell (or buy) until the split goes through. obviously the price post-split will be a major factor in anything.

As far as the future of the company i'm sure they're pretty spooked by this-so couple possible outcomes: new 15c or some kind of resolution with SEC. After that it might take time for them to feel comfortable to continue with their building process. But of course expenses don't stop so they'll have to find funds from somewhere.

Interesting that there have been almost 10 filings since the halt.

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