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Friday, February 09, 2007 8:22:36 PM
What makes me think that is that they obviously printed shares while issuing PRs to get the share price up while those shares were placed on the market.
The idea of a company is to own shares, have some shareholders to invest, and the reward is that one day, when the company is successful, the share price will reflect it and you will be rewarded.
It's not to make a startup, say you're reducing the float to get the share price up, claim you are buying back, all while printing shares.
That is, they were desperate for money. The plan you describe required patience and that's something they didn't have.
And that's my opinion and it is not a fact and it's not even an allegation. I don't know what the hell they did. It's a fact that they didn't do it right, legitimate or fraud.
Corey Ribotsky Downward Spiral NIR Group AJW board has moved to the NIR Board which is available for FREE users as well as paid subscribers. Bookmark the NIR Board to discuss: http://investorshub.advfn.com/boards/board.asp?board_id=11792
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