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Re: BadMutha post# 14292

Sunday, 10/14/2007 1:17:23 PM

Sunday, October 14, 2007 1:17:23 PM

Post# of 19383
i was not aware of that... that would solve the problem of the price going below that 3.00 limit.

And you are right.. being on the AMEX will help.

But, the offering will decrease the price. Think of it as a simple supply-and-demand situation. There are only so many buys, and more stock out there wanting to be sold. The price must go down.

I would think that the Prospectus must be available to anybody for a period of time (one month?) for the offering to be fairly distributed o the market. The Prospectus must include the price. So, once the price stabilizes they will go ahead. I would think the price would immediately fall to that level.

I had another penny stock make an offering some years back. It was at .15 and the offering was at .10. It was a Warrant to existing shareholders. By the time I got into a position to buy the price had fallen below .10. They raised more money than I thought they had, given the pricing situation.

The time to buy would be immediately after the Prospectus comes out... or maybe after all shares have been sold on a "Best Efforts" basis. That is when the price will be at a minimum.

Or, I could be totally full of it.