Thursday, April 03, 2008 5:15:50 PM
However, having to buy 10m float shares from retail @ .50c vs 50m float shares @ .50c.
I'm more inclined to ignore what may / may not be legal / ethical or otherwise with the pinks and bbs.
Seems they do & get by with most anything they like..
It wouldn't be the first time a company got assaulted/ gutted by a competitor in the market place.
As you may be aware..ceo's and their henchmen incognito have & do post on boards bashing their competitors, to drive down the price, credibility and in the end to destroy the company.
I think they would be just a bunch of shareholders that would simply disolve the company, doubt they are actually interested in the company...more so elimination of any competition, maintain control of market pricing, etc.
The share counts you have accumulated don't offer the ability to know what percentage was sold back into the market.
Its the stair step procedure..
Buy a block today @ .1...let it run and sell @ .12, buy another larger block again @ .11+/-, sell the block again perhaps a tick lower than paid...no worries you were up a tick from the day before.
Repeat this procedure day after day..virtually just trading shares while carrying little loss forward.
Take the loss / expense up front and continue to walk the price down, in the end you'll be able to buy Huge # of shares for the initial cost outlay.
But, again...its just a theory...
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