ABCO Energy Inc. (ABCE)

[samroux]

Gee, what a surprise. 1:170 REVERSE SPLIT.

I'll just quote myself...

An additional billion shares diluted. OS: 2,448,403,578

1,039,535,127 -> 1,516,109,317 -> 2,448,403,578

No surprise there. That's what the most recent pump promo was all about. ABCO is, was, and will always be an insolvent company that uses a publicly traded ticker to pay themselves. They know the company is a failure, but it's all by design. Securing contracts by deeply undercutting the competition creates the illusion of a business. They then use that illusion to bilk the market for what they can before they decide to reverse split. That's the history here. It's a history that will repeat itself. ABCO is in more dire straits now than they've ever been. Hence, the massive dilution happening at breakneck paces, even for them. Will they enact a reverse split before the calendar flips to the new year? Who knows.

What we do know is ABCO is a failure. This was a silly pump to help them dump. No notes does not equal no dilution. Everything else has been typical, blatant pinkie misdirection.

The answer to this question is; YEP! And now we know what all the pump promotion nonsense over the last couple months was really about; creating liquidity for massive dilution so they could cash out and enact a reverse split before the new year, just like they've done in the past. Why before the new year? Well, that way they have the option to enact another reverse split next year, if need be. Because that's what they do. That's what they always do.

This is where we hear about how 1:170 isn't "that bad" and how it's really "for the best" and la la la.

Rinse, repeat with ABCO. Over and over and over.