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Friday, September 18, 2015 10:11:57 AM
At end of May, after the reverse split there were 330,000 shares in the O/S
A month later it rose more than 100 FOLD to 335 MILLION.
Now they issue 700 MILLION more shares to insiders.
From 330k to 1 BILLION in less than 4 months, that's over 30,000% gain in outstanding shares.
Doesn't matter that some are restricted. It's just too many to too few.
Dead money.
Competing is intense among humans, and within a group, selfish individuals always win. But in contests between groups, groups of altruists always beat groups of selfish individuals.
E. O. Wilson
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