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jtomm

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jtomm

Re: ErnieBilco post# 2401

Wednesday, 02/22/2023 1:47:15 PM

Wednesday, February 22, 2023 1:47:15 PM

Post# of 2667
Yeah, the whole ORGO board here on IHUB is only 92 messages but it's some interesting reading. I just flipped thru it quickly and sounds like it was 91% controlled by insiders so the float was tiny, thus could be easily manipulated. The company had also gone bk twice before. So sure seems like something scammy was going on.

They also mention there was another SPAC going crazy at that time, but don't name it. But this was one line mentioned which jibes with my memory:

"One day it is $550 and the next week it is down to $14.00"
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