To add to the lack of detail over the deal.
We have already see a put price of .04 thrown out there.
That was in the beginning.
Could it mean, the Company has to come up with .04 worth of stock at today's prices?.
That's like 9 shares today.
And 5% of 150mm OS is way better than an O/S of 8mm.
No wonder it's been diluted to hell and back.
I say we see 75mm by june1st. The lowest closing Bid sounded good for funding, but it stinks today unrestricted.
And trust me, don't ask Joe for clarity. Any answer will only add to the confusion. It's best to speculate and remain very paranoid.
But if the product doesn't sell, none of this matters.
Joe can have the entire Float free, but screwed if he has no retail to sell too.
Like these individuals buying the daily debt from operations for a deep discount.
They need retail to put cash on the BID, or they can hold LT.
Screw em.
Get low on the BID and let it come to you.
Insiders will only buy so many from these debt buyers shares. Like today. What's 50k to prop things up?
Sales of the product is everything. That doesn't grow, we all sink.
I would assume a Promo program and a PR pump campaign would start if sales are not there.
That is the tornado horn to dump ASAp.
And God forbid a "what we plan on doing" PR.
They will not just let this die on the vine without a good pump. Sales numbers or a pump. Who really wants to know how it's selling? LOL
