Petrone Worldwide Inc. (fka PFWIQ)

[Toxic Avenger]

It's not Vic dumping shares, it's the toxics.
They now buy as low as $.00022/share. Every share they sell at $.0006 (current bid) is a 175% profit. Every one at $.0007 (ask) is 220% profit.

The big problem is PFWI needs cash desperately, having burned over half a million in the first 9 months of 2017. The only way to get it is from toxic lenders and there's already a ton of toxic debt. With little interest in handing money to the toxics, retail has stopped buying. That will lead the toxics to force a reverse split as a condition of lending more money. It will kill existing shareholders, but the toxics' hope is that it will bring in new money.

Of course Yarde (BOD member) tried to do this with GNID and failed miserably. Post R/S that stock just died.