InvestorsHub Logo
Followers 0
Posts 410
Boards Moderated 0
Alias Born 11/14/2007

Re: reconranger post# 14164

Sunday, 11/18/2007 1:55:43 PM

Sunday, November 18, 2007 1:55:43 PM

Post# of 36268
Anytime a business is formed - the company sells it shares to begin - whether it is to family and friends or to other investors (insiders) - shares are sold... The company has no control of those shares. If the investor (insider) decides to sell them they then become part of the float for the company.

Even if every investor (insider) sold their shares and the company has not issued any more shares (diluted) the float would rise to all shares that were held by insiders and sold. This does not mean that the company has sold shares - which he has stated they did not !!!

Remember = the cost of a service such as a t1 or t3 connection is very expensive, this is one thing you need to accommodate 1 million users, this is just one bill of many to come due. You can either have a private placement for funds or issue shares - if a private placement takes place and they sell their shares then it also becomes part of the FLOAT - what is a business suppose to do about private placements !!

Those people that bought in sept - 2007 sold out when it hit .0004 (YOU KNOW WHO I AM TALKING ABOUT) now they want it back to .0001 - WELL IT IS NOT GOING THAT WAY. To many people have this and are holding so you better just buy it now before it goes up PAST .0005 come the end of the month !!! The more people buy and hold the higher the price will have to go, that is until NO ONE SELLS FOR .0000 range and it has to go even higher - so for all that have bought into this company - take a break and come back after the holidays and you shall see just what it will do - no to da moon but above .001 IMHO !!