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Re: fibinacci post# 251096

Friday, 06/22/2007 9:31:20 AM

Friday, June 22, 2007 9:31:20 AM

Post# of 286285
and this is in fact where you are wrong.....

"b/c it is increasingly more difficult for them to make a profit as the bid drops"......

First and foremost, it is in fact GGI that controls the bid....is it not? Lets see an entity with seemingly un-ending shares to dump onto the market and who can control the rate at which they are in fact dumped onto the market.....seems to me like they would in fact have a major hold/control on the bid and the ask for that matter.

Secondly and also most importantly....GGI converts shares at an 18% discount to the average weighted pps....they lose absolutely nothing! and can in fact dilute all the way down to 0.0001 and still lock in an 18% profit on the conversion and sale of shares....it is done repeatedly with this type of death spiral financing......and it is how hedge funds such as GGI make money for their investors!

Now had your statement mentioned something like maintaining a maximum profit while the bid drops then yes, it is increasingly difficult to do that, but with an 18% head start at every conversion, GGI is still making money all the way down!