>Who else has 100s of millions of shares?
I don't know (and never claimed to know).
All I was asking was whether you knew for a fact
that MT, JB, and Pedro were selling theirs.
I take it, from your answer, that you don't know
that they are, but only presume that they are.
I'm not saying your guess is wrong; and it's obvious
that SOMEONE is doing all the selling. But at .0002
a share, 100,000,000 shares is a whopping $20K. I'd
like to have $20K extra, times however many 100s of
millions were sold -- but even if a billion shares
were just sold (at .0002), that's only $200,000.
Is that the sort of money that is typical for a
stock scammer to be after? Is that all MT and Pedro
are really after? Why would they go to all that
trouble rather than, say, just start dealing drugs?
Arguably SOMEONE must feel it's a plus to be selling
for virtually nothing. JF's blog said it was those
looking for tax breaks. I don't know enough to know
whether that's a credible argument. But still, I
just wonder how this could be such a 'good scam' for
the scammers when there seems to be so little money
to make (at these prices). I mean, don't the guys
who write those spam-letters from Nigeria make at
least as much, if not more?
What I wonder is this: if the Exchange is legit,
and will go on-line soon, work, and make $$$, how
might all the dumping (which someone is buying)
be putting someone in a position to make $$$ later?
[BTW - thanks for all replies. Both sides of this
issue are very interesting.]
AI
