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BettingAngles

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BettingAngles

Re: None

Thursday, 11/10/2016 11:34:22 AM

Thursday, November 10, 2016 11:34:22 AM

Post# of 9407
BTFL-PUMP and DUMP--A look further back in time sets off more alarm bells. The company that we now know as Monarch America went public in 2012, and in a matter of two years or so, it has gone through three name changes and three stock splits. The S-1 registration statement shows that two and a half years ago, some people bought 25 million shares of common stock for just $50 thousand. Thanks to all the splits (the last one was effectuated in December), these people could now be holding on to as much as 43.5 million shares. And they could be selling them on the open market.

This, by the way, is something we warned you about quite a while ago.

Just cause you got the monkey off your back doesn't mean the circus has left town.

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