JP 3E Holdings Inc (JPTE)

[Traderfan]

Changedirector,


You know that I'm critisizing a lot about this company mainly because the CEO promised things which never came true but on the other side to insinuate that there is no deal at all with Bloomberg is nonsense of course.

The CEO would be totally nuts to put this thing on the website without having permission for it. Totally nuts and I don't believe he is that desperate and besides this it wouldn't help them anyway as they can't dilute anymore because the A/S is maxed out. Everybody at the company knows that Bloomberg would freak out within 2 days and that they would have to remove the pr anyway. Of course that doesn't make sure that the deal will bringing in any serious money to the bottom line. That is a different issue.

That said I'm of the impression that they did in fact dilute into the news their last 200 million shares possible and this is hilarious for me because in the beginning after the news we had a bit of momentum and the share price would have climbed a few hundreds of a cent but they killed it sitting at the ask selling shares.