InvestorsHub Logo
Followers 45
Posts 11248
Boards Moderated 0
Alias Born 03/03/2005

Re: fishflip post# 19591

Tuesday, 07/07/2015 4:26:59 PM

Tuesday, July 07, 2015 4:26:59 PM

Post# of 86313
Depends what he is offering. I'd expect they wouldn't even look at a 100K offer and would probably look for 150k at least.

They know they will sell the shares. Even if they are selling them for .0001 they will be converting at .00004 and getting there profit.

Its the MO for pinkie CEO's as its always the retails investors that pay the debt off and suffer the consequences through dilution. The CEO then ends up with a debt free company with his percentage of the company maintained.

All post here are my opinion.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.