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Re: Large Green post# 466266

Thursday, 10/27/2016 2:40:01 PM

Thursday, October 27, 2016 2:40:01 PM

Post# of 727367
***Constant Proof*** PROVIDED - NO Piers Selloff January 2012

FOOTNOTE 1

The 'core of the discussion in support of the escrow theory has, and always has been, asserted to be at the PIERS; with the following ASSERTIONS.


ASSERTION 1:


...PIERS investors were spooked in the last two weeks between 1/20/2012 and 2/8/2012 when the original Piers investors dumped ALL of their Piers…



FACTS:

Total Number of PIERS = 23,000,000 shares

PIERS Traded
1/20-2/8/2012 = 795,208 shares or 3%

PIERS Not Traded
1/20-2/8/2012 = 22,204,792 or 97%

QUESTION/ANALYSIS:

To a reasonably prudent person, in the period identified, would one conclude that PIERS holders dumped ALL of their shares (3%) or PIERS holders DID NOT dump their shares (97%)?



CONCLUSION:

With the substantiated fact that 97% PIERS did not sell, the ASSERTION that PIERS holders dumped their shares during this time period appears INCORRECT to a reasonably prudent person.

- - - - - - - - - - - - - - - - - - - - - - - - - - -


ASSERTION 2:



…lowering the price to between $1.00 and $6.00 a share.



FACTS:

PIERS Trading Range

LOW: 1/20/2012 $2.00

HIGH: 2/2 and 2/3/2012 $2.86

QUESTION/ANALYSIS:

To a reasonably prudent person, in the period identified, would one conclude that PIERS traded at $1.00 to $6.00 per share?



CONCLUSION:

With the substantiated fact that PIERS traded in the range of $2.00 to $2.86, the ASSERTION that PIERS holders dumping of shares lowered to $1.00 to $6.00 appears INCORRECT to a reasonably prudent person. The actual range spread of $0.86, compared to the ASSERTED range spread of $5.00, would calculate to an 83% ERROR in the ASSERTED range.

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