Of course there are nothing but sellers. Did you see their last 10-Q and the S-1 they just filed? They've issued million and millions of dollars worth of shares for "services rendered" and over $2 billion worth to company officers, this company that has hardly any assets, hardly brings any money in and has expenses that far exceed their income. They owe millions in judgments they don't pay a dime on. They seem to pay their debts with their worthless stock. I don't know for sure, but I bet they settled that big lawsuit against them with millions of shares of their stock. They're diluting like crazy and whoever they've paid off in stock is selling so they can get paid for real. This thing is going to keep on going down for a while I would imagine. They'll just print more and more shares until they have more than they did they did before their 20,000 to 1 reverse split, and then they start with the pump and dump campaigns touting more worthless deals that will never go anywhere and suckers will keep buying. These guys are major scammers. Got to give them props for being ballsy and shameless though. They seem to put in a lot of effort to make what little money they make too. If they weren't screwing so many people in the process I'd almost have to have a little respect for them.
Am I reading this stuff wrong? They're registering 260 million something more shares and issued officers over $2.4 billion worth of stock and over $22 million worth to others for services rendered? How does a worthless company do this? They're printing money it seems. What do you think will happen with all those shares? Won't they get sold? Some smart person break all this down for us.
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