T35, Jimmy did not short his stock, the debt converters shorted the stock before the huge debt dilute dump because the debt conversion investors knew full well they would soon dump billion cheap to the retail market. Me and my group do not follow the money or pumped news, we follow the calculated process and then make our more.
They make money on both ends, the initial high priced shorts, and then after they close out the shorts they continue selling billions cheap.
Jimmy is just a CEO who authorizes the issuing of shares when debt is paid. Jimmy's only revenue is when the debt is paid and that money redirects back to him.
My guess is he is issuing 100,000,000 certificates to the debt investors who pay him $.0002 per share ($20,000) per 100,000,000 on the $.0002 conversion.
Since Jimmy issued all the shares you see being sold and there are 5 billion now in the float, at $20,000 per 100,000,000 comes to 50 tranches. 50 x $20,000 comes to only $1,000,000 for Jimmy.
All 5 billion sold for an average of $.0009 would be $4,500,000 but since the $.18 price, far more sold for much more than $.0009. My guess is the debt converters sold at least the entire float on average of at least one cent. That would have raked in about $45,000,000.
If Jimmy wants to cash out with $2,000,000 he will have to issue all of the 10 billion authorized and if investors keep buying he will probably authorize another 10 billion or more to the float.
10 billion more at even $.0009 is $9,000,000 (1 for Jimmy and 8 for the debt converters), after that the stock will tank to $.00001 and cost-averaging investors will continue to buy.
And remember, the shares will be always declining because the debt converters do not want anyone competing for shares being resold if the price were to go higher.
When the shares drop in price the debt investors make lots of endless money and those who buy the shares are always at a loss.
Even though many may see green after they cost average their positions, the green is only because the scheme will have a token amount purchased higher but the bid will never allow green to be made if retailers sell.
:)
And YES a book is being published on all this.
