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Re: None

Tuesday, 03/10/2009 1:00:48 PM

Tuesday, March 10, 2009 1:00:48 PM

Post# of 4858
One thing is "almost certain." It is very rare, but not unheard of, for a court to approve predatory dilutive financing. When I heard of a court do that, I became very disinterested in the stock market, and almost gave it up completely.

HYRF was the stock. The court ordered dilution, and nobody mentioned in press releases. Such should have been a violation of Reg FD, but nobody sued the court.

Courts will creat a dilutive scheme of up to 90% outside financing, and large reverse splits., but in the HYRF case, they seemed to throw all caution to the wind, and it appeared as if a "vulture capital" dilution.
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