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Sunday, May 21, 2006 9:06:28 PM
i have been reading what everyone has been posting and i have to say some of these things are really out there....
the goal of the company is with in 5 years have all the holders of the debenture convert into common at .001 and they wont have to pay for the debentures.
Now with the stock not moving you have to under stand that the float is 30 billion. not only that theres only ABOUT 60- 70 trades per day. thats it...
only about 10-12 of them are at .0002
it wouold be unrealitic for a market maker to move the bid just for 12 trade in one day.. everyone would dump and crush the atock..
theres always a good and a bad story for eveyrthing.
do i think the float is still alot with 3 billion.. oh yea. its still bad sign but you have to understand that b/4 4months ago they had no investor relations not website and no real outside contact if im not mistaken it was acouple of board members always splitting the stock and giving out dividends.
i feel thats all changing....
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