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Friday, June 05, 2015 12:39:42 PM
has increased to. It may have only gone up 2-4M shares since January?????
There's no maybe about it. MMSM told the market they were going to proceed to dump 4M on 05-May-15.
The float likely went from 5M to 15M 100:1 R/S adjusted in 2014. Another 35M waiting to be dumped in 2015. Not counting the 4M dump in progress. That's assuming the numbers reported to the OTC for 2014 are accurate.
So why the celebration of the so called low float? True it's better than a SH having to experience a 3.5B dump sometime this year, and the current PPS at 00003 per pre-split values. Nothing like a R/S to make it look less ugly. One has already seen what happens when an affiliate starts to dump 4M. In the absence of a paid P&D not enough retail interest to support the starting 01 price.
After the current dump is complete the PPS could very well drift back up to 01 on light retail buying. But, it's going to take one hell of a paid P&D to support the 35M dump. Thus far, their pumping material is amateurish, and pitiful.
The Jewel of the Mind is Colored with the Hue of what it Imagines
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