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Post# of 233347
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iateclube

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iateclube

Re: MakingMine post# 85252

Tuesday, 03/22/2016 6:41:51 PM

Tuesday, March 22, 2016 6:41:51 PM

Post# of 233347
"that this is an easy-money trade from 13 cents to 25 cents". So why is the price still at the low mark? Pretty simple. First of all, he is buying at different tranches starting at 8 cents, so what is the average acquisition cost? Second, he is not buying on the open market
so as to avoid driving the price up (your shares) he is buying authorized and newly authorized shares directly from the company at a pre-fixed price to get to 46%, again to avoid driving his acquisition price up. You are paying for that dilution. S.O.P.
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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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