InvestorsHub Logo
Followers 3
Posts 369
Boards Moderated 0
Alias Born 04/18/2007

Re: RANCH11 post# 69798

Tuesday, 01/15/2008 5:53:33 PM

Tuesday, January 15, 2008 5:53:33 PM

Post# of 82105
Every time the increase the number of shares its outright stealing from the shareholders. The price of any shares you own is cut in half when the double the number of shares outstanding. Guess what, thats what happened since 1 year ago, they went from 975,000,000 shares to 1,950,000,000 shares from a year ago--- including several share increases under the leadership of SIB! So believe in a buyout if you must, but you just lost half the value of your stock by this share dumping. If you choose to believe that this company is trying to get the share price to drop, then what reason would possibly stop them from fabricating trillions more shares out of thin air -- that Sib owns. That would make current shares that are out there worth virtually zero! So far that is the trend its heading towards