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Re: codfather post# 37367

Tuesday, 05/03/2016 3:36:43 PM

Tuesday, May 03, 2016 3:36:43 PM

Post# of 77157
The MM is happy to buy a gazillion shares (1.6B is what the company wants to sell) at .003 and sell at .004, while the rest of us are looking for .04. Of course once there's 2.6B shares OS (1 billion now and 1.6 billion being sold) a price of .04 would mean a market cap of 104million (like that's ever going to happen, not!). We're screwed here, this will never see 9 cents again until after a reverse split at some point down the road.

Quite a bummer, actually. They just couldn't execute on any of the deals they entered into and now with no money in the coffers they're selling 1.6billion shares. Current shareholders are the losers.

JMO