Ok, probably the real story of the PPS.
First, the slide will probably stop when Firewoman, sorry, Iceman, stops selling his 1M shares.
I bet you a dollar the reason behind all this OB bs is that he wanted some buyers and people to hold when his restriction was lifted in Jan. Go get your yiddish piano's out, and calculate how much stock has hit the market. When 1.3M is out, the price might start to bounce some. (300K for the punk on Yahoo pump board) Believe me, there is no quiet period, no 6 months max time, none of all the other BS that has been posted here about why the OB listing is taking so long. It flat out doesn't take that long. If the CEO is worth a shit, he can get it done max, 2 weeks. And that is with comments from the NASD.
So, Why are we not on the OB? Probably a compliance issue with the CEO writing paper. I think Hawaii mentioned it, and he is probably close. Pink sheets = paper mill. Flat out.
Klamcrook is a real POS. Doesn't give one shit about the shareholders or valuation of the stock for the shareholders. Want proof?
What kind of CEO gives away stock? Ask yourself, what quicker way can a CEO devalue the PPS of the stock of the company he directs than to give away stock?
Serious, ask yourself that question. If he would have sold it to Firewoman, I mean Iceman, for say a penny a share, he would not have diluted that stock as bad as just giving it away. And Krumlkcrook gave it, GAVE it to pumpers.
Want to know another stupid POS in all this, who is touted as an expert? Firewoman, damit, I mean Iceman. If I was him, and 1M shares landed on my lap last year in Feb, (or whenever it was), I would have contacted a firm ( or course he has many friends in the business) and wrote a letter of intent of 1m shares at the peak pump back in March 2006, due at 144 lift. Or.............
If I had a million shares of stock of a pump company like GRSR, and I wanted to dump it, I would not bleed it into the open market on my own. I would get in touch with a firm, (she, I mean he is so connected in the Market place) and have a specialist work the stock, and give him a cut.
I got burned here, because I couldn't have imagined the incompetence that is so rampent in every aspect of what this company, the directors, the promoters, the whole nine yards has done.
Watch the tape, some POS firm is making $20 tickets selling 1000k blocks. Your talking about a lack of talent everywhere.
Is there nobody left alive that knows how to create liquidity in a market, do a distribution, and keep the stock strong at the same time?
Amazing.
Truely amazing.
