Friday, May 06, 2016 8:35:02 PM
Let's say they sold out at an average of 0.0003 .... that would mean that they got $3 for every $1 originally lent.
Think about it.
Why release something that essentially says a deal will be closing within the next 2 weeks?
Why not after the deal is signed?
The 8-K drove people to buy and hold while debtholders sold what they could.
This is common in OTC plays. So many promised dividends .... the real purpose is to get people to hold in anticipation of such. Meanwhile guess where the mysterious shares come from? Debtholders.
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