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Thursday, November 06, 2008 9:45:53 AM
2future4u you don't really believe that a self imposed valuation of an unnamed company that you can't even begin to verify is real do you?
Look, Innotrek was used as trade bait for this Garr Winters shell after he used it for MONA. The valuation he put on Innotrek for MONA was about 10 times higher than he used for RMDM.
It's obvious he can't justify any valuation at all for Innotrek so he shuffled it from MONA to RMDM, selling it for $100,000 worth of stock but saying it was worth $1 million.
It's called a shell game.
Look, Innotrek was used as trade bait for this Garr Winters shell after he used it for MONA. The valuation he put on Innotrek for MONA was about 10 times higher than he used for RMDM.
It's obvious he can't justify any valuation at all for Innotrek so he shuffled it from MONA to RMDM, selling it for $100,000 worth of stock but saying it was worth $1 million.
It's called a shell game.
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