Sunday, October 04, 2015 12:24:55 PM
Zalemark should have announced the doubling of the shares. They didn't. This will cause major dilution when they sell or give those shares away to a new investor...or, to pay their bills. This is a desperate company that is in major financial distress. Just read the past few years financial statements.
No "whale" is going to put money in the open market in this stock when they can go direct to Zalemark and purchase shares at a huge discount. Remember, he just newly printed an additional 75,000,000 shares. Do you really think he won't try to make "deals" with those shares...further diluting the share price.
Again, just my opinion...but then again DUH, who else's opinion is it?
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