Safeplus International Holdings Ltd. (ACAI)

[sunspotter]

357% MegaDilution.

Remember how many of you told me I was wrong, and now that they had new sewer rat buddies, they wouldn't be going for the full 800 million shares?

Turns out you were wrong, and I was right.

Which is fine, because it's been consistently that way for the past three years.

It's just that if I were you, I'd be a bit less shrill about it. It's one thing to be wrong, or to disagree.

It's quite another to be so LOUD wrong, or to be so abusive at the same time as being wrong. Makes some of you look disingenuous or foolish, really.

Anyway, given that they've previously raised many millions of dollars under the pretext of developing the Myotech CSS device for the past several years, but Biophan have yet to announce any kind of concrete clinical study plan, or even to discuss plans with FDA, I think you'd be kinda foolish to allow them to let them dilute your shareholding even further.

After all, they should have at least $3 million of that Medtronic money left - should keep them going for a while, surely?

Unless of course, they've given that money to the private owners of Myotech? You know, those nice folks at Biomed and all the others.

Let's hope that whoever wins today makes sure the SEC is given the resources to deal with particularly egregious penny stock fraud schemes and those who promote them.