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Re: itrade4profit2 post# 247473

Thursday, 05/24/2007 10:36:52 PM

Thursday, May 24, 2007 10:36:52 PM

Post# of 286424
Itrade, I NEVER said GGI wasn't still diluting nor did I say they could not receive shares at these prices. What I SAID was they do not want to sell them at 0.0004 when the conversion price is GREATER than 0.0004. In your example.. tell me.. what is 18% off of 0.0005... not less than 0.0004. You want people to believe that they will push the price down to 0.0001, but why would they do that if the volume weighted average price is hovering around 0.0005.. AS YOU STATED!! The ONLY way they can make a profit selling down to 0.0004 is IF there is enough volume at 0.0004 to lower the conversion price such that it is below 0.0004. Who is going to provide this volume???? Not GGI since currently they would lose money. YOU STILL HAVEN'T ADDRESSED THIS MATHEMATICALLY!!

Yes, GGI is still selling shares and diluting the heck out of this thing, but they are doing so at the 0.0005 and above range b/c, as of right now, they would lose money selling below 0.0005 UNTIL the weighted average price drops low enough to make a profit at the 0.0004, which can not be sooner than the next trading day. So unless someone is going to give GGI a hand and dump a ton of shares at 0.0004, this thing ain't going down any further with any substantial volume. (BTW, I have posted SEVERAL times estimates on what I think the latest OS is, so obviously I think they are still diluting)

So PLEASE, explain to the board MATHEMATICALLY how GGI will bring the price down to 0.0001, as you want everyone to believe. I will be happy to provide example after example to back up my argument.

As for asking others on the board.. don't need to, many have agreed with me, others simply don't understand the GGI agreement at all, and others have never provided any substantial argument against it.. including yourself.