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rca

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Alias Born 03/25/2006

rca

Re: tchalla post# 9036

Wednesday, 04/16/2008 9:22:45 PM

Wednesday, April 16, 2008 9:22:45 PM

Post# of 158817
I don't doubt that the t/a's numbers are correct. It's clear what they did here. They had a couple hundred thousand shares after the reverse split, and they immediately printed about 220,000,000. They simply didn't dump them all.

First, the idea is to "pump." Only thereafter do you dump.

Obviously they dumped some shares onto the market, which is why the price fell to the subpennies.

They being the company's nominees which most likely were done through alleged debt or other tricks.

This is the same scenario used by this company over the last three years.