InvestorsHub Logo
Followers 69
Posts 86759
Boards Moderated 1
Alias Born 03/29/2001

Re: jdouble post# 2206

Saturday, 10/28/2006 8:32:38 PM

Saturday, October 28, 2006 8:32:38 PM

Post# of 7673
jdouble- if this was shorted at a higher pps, the shorter's best friend is this company. After the last R/S there were around 2 million shares in the float. That was 15 months ago. Someone just posted that they have increased the authorized to 30 Billion from 20 Billion, probably because they needed to issue more. Almost 20 billion shares issued in 15 months and now they can issue 10 billion more, which I'm sure they will issue. Then early next year watch for the next R/S. Colby has said no R/S this year but a new year is coming fast. Stay on the sidelines and watch, you're better off. I've been watching this company for 8 years and made a ton of money on it years ago when it went from 1¢ to $7. Since then all I've seen is reverse splits and massive dilution. Market makers like to play with this once in a while, but I think those days are over with all the shares outstanding. Best of luck to you.........al

I may not agree with what you say, but have fought and will continue to fight for your right to say it. USArmy 1966-1975

Best info board on Ihub:

http://investorshub.advfn.com/boards/board.aspx?board_id=14130