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PRmaniac

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PRmaniac

Re: learningasitgoes post# 19425

Tuesday, 03/31/2009 11:09:01 AM

Tuesday, March 31, 2009 11:09:01 AM

Post# of 41474
Bid dropped to $0.0007

Looks like the overhang of dilution will be driving this down to $0.0001 even faster than the 2008 and 2007 reverse splits and following exponential increase in dilution caused.

Pagnano's company appears to be diluting like there is a race to dump as many shares into the share pool before it goes to NO BID like it did in 2008 and early 2009.
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