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Re: ABBAZABBA post# 4016

Thursday, 07/13/2017 11:27:22 AM

Thursday, July 13, 2017 11:27:22 AM

Post# of 7747
You're right about one thing. The most manipulated stock. People knew if this runs hard, the 7/20 warrants from last year offering at 0.70 will kick in 100% for sure and that will add 28.6 million shares to be sold off for profit later. After the vote leak, we had a 14 million volume day and this thing went as high as 0.69. Coincident? I don't think so. Retails without warrants will buy if this runs. When you got that much volume and big green candles but this barely moved much you know it's being controlled.

So then, it's all staged we wait for the PR but in the mean time, price will walk down for another quick trade.

You could also look at this as company's own dilution is kicking their ass from going above 1$ when you got 28.6 million warrants at 0.70 who in the world wants to pay more than that for the stock? SK shooting himself in the foot is what's happening here. So for this to go anywhere those warrants needs to expire first.

Imagine 28.6 million more shares, management dilution backfires on them big time, and now they lost control of the company. I'd be interested to see a vote count on how many actually voted no versus yes. You'd get a picture of company ownership and where things are going.