Tuesday, March 31, 2015 12:54:46 PM
I suspect that the .0002 is deeper than what we see considering many a .0002 bid will get dumped on IF a .0002 bid ever materializes.
This stock is bloated imo. Unless a PR includes a remedy to the current debt and how this company will trade for revenue and with what, I'm a spectator. They have 500 million between the O/S and the A/S and at .0001/.0002, that isn't much in negotiating ammo. That 500 mil would be worth more IF the stock ever gets past .0002 but don't make market cap assumptions UNTIL the market cap holds above .0002 for a few weeks. Arguing that anyone would gladly enter into a preferred or common stock exchange deal much higher than where we sit is very premature imo.
Also, I see some speculate that the company has attorneys working diligently on some kind of deal. For one, how does anyone know this and does any lawyer not charge $100.00+ per hour for anything. Where is this $$ coming from? Did something change related to revenue since last reporting?
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