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Re: Major Profits post# 76256

Thursday, 04/20/2017 10:26:28 AM

Thursday, April 20, 2017 10:26:28 AM

Post# of 78243
Maybe people are waiting for the updated SEC filings, that Benny keeps saying they are working on.

Or, maybe people are waiting for the new CEO&CFO, that Benny said he is looking for.

Or, maybe they are looking for the expansion of business that Benny said the company is looking towards.

Or, maybe they are looking for Zwag Box #2 to ship, it's been over six months since #1 shipped. That is a long time for a supposedly monthly mystery box service.

Or, maybe people are just looking for signs that the company is still transacting business, aside from resurrecting a website.

Even if trading volume picks up, Northbridge still has to dump billions of shares. That is billions of shares REDG doesn't currently have. They won't have them unless REDG is allowed their merger with a subsidiary, which increases the authorized shares to 20 billion shares.

Unless REDG increases the authorized share limit (or gets the share price up) there is no way to supply Northbridge with all the shares they are due under the lawsuit settlement.

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