Thursday, October 10, 2019 11:05:50 PM
The registration would’ve allowed toxic lenders to liquidate their shares inside the Rule 144 holding period. There was no advantage to doing so, because the loan sharks are incentivized after they get their initial 1X cash-on-cash return by declining price. Which is exactly what happened.
The registration is no longer of value, and the SEC never placed it into effect. It is just part of the scam - nothing more.
The note holders have dumped at least two billion shares after meeting the Rule 144 holding requirement. All of those shares were free-trading, and dilutive.
Recall the frequent share pusher’s false claims that the note holders are ‘venture capitalists’ and that they were ‘accumulating’ - both 100% B.S. - loan sharks never become bag-holders.
The reverse split is getting closer and closer - it is inevitable.
MMEX - You’ve Been Scammed!
When you are dead, you don't know that you are dead. It is difficult only for others. It is the same when you are stupid.
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