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Re: TheRealMrPirate post# 2570

Thursday, 12/01/2016 1:31:53 AM

Thursday, December 01, 2016 1:31:53 AM

Post# of 3975
Tony Baker and Sarah Meyers make the real decisions behind the scenes on both(maybe more, these are just the 2 I know about). They are owed debt on what is basically falsely priced assets they are basically selling themselves. When they need cash, and/or start running low on shares, they'll just cash in on their "debt" in the form of stocks.

If you go back a few years when they first took over DEAC and all the automotive stuff - all they did was basically move assets from SMAA over to DEAC. They started trade on this stock at $3 per share back then and they have produced nothing in that time, merely selling off shares to the point where you see the prices now.

I have no idea what this stock will do in the future, but I know you're mostly at their mercy. If you know them and know when the next "new direction" is coming out you can do well. But the trend for this stock is straight down.
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