Mike, it is simple! This is what the crystal balls are showing:
$25 million financing with no convertible debenture and therefore eliminating any need for the company to dilute the share structure for financing
Pre Tax Profits of $26 million! Not bad for a pinky right?
Reported upcoming yearly revenue of $250 million
Company has made it official they are not diluting shares and there is a negative float!
There will be another reverse merger named very, very soon and that will be a tighter squeeze on the company stock!
There was a fax scam done to try to pump the stock because a certain individual, yet to be named, has a $20 million margin call and does not know where to get the money from. The investigation to support this is ongoing as announced by the company and those involved will be brought to justice!
Now what all the traders and flippers are working is they do not believe any of this because it is not in a formal 10K or a 10Q! They claim both the old management and the new management are lying to them because it is a pink sheet stock and we all know that every pink sheet stock CEO is a liar. There is also a very large short position holder that has one hell of margin call to cover and if they go short during these times they will get people to sell because of the decreasing share price that bought at the .02 range. Short sell 2 million collect 5 million shares as those run for cover. Well bless their little souls! I would not want to be out of this stock if they make their afterhours news report and anyone who sold will be kicking themselves in the ass! jmho
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