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Re: StockBull post# 4640

Monday, 10/30/2017 6:04:48 PM

Monday, October 30, 2017 6:04:48 PM

Post# of 6596
Yeah there’s another notorious securities lawyer in California also involved. I can’t even remember his name. He was arrested last year. There was good opportunity to make money with their other scams. I’m not a stock expert and really just play with penny stocks when I’m bored. I more long term invest in real stocks like Netflix, apple etc. But what I usually do with the penny Stocks is like you did. I check what convertible notes are out and when they come due. They usually do a promo to dump the shares when they are due. So I buy and wait 6 months to a year. It’s worked out well in the past just a lot of reading through filings. Like you said though in this case the amount of shares nowhere near matches the amount of shares issued as convertible notes. Keep in mind the authorized shares means nothing. They just can’t sell those. They need to be free trading shares “outstanding” and one way to free them up is to give them away as convertible debt. When I first bought this stock there was only 13 million shares. Then 60 million then a billion?....
And once again these guys have made 100’s of millions on these scales in the past and are all on SEC radar. To do it again for the dollar amount involved here isn’t worth it for them. I don’t know if we are allowed to post here how many shares we own but I own a lot lot lot. Soooooo I hope my theory is correct lol
Time will tell. Also why is it no bid? It’s been trading

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