Tuesday, May 19, 2009 5:24:50 PM
"Marmara Motorlu has also divulged through a representative that it is purchasing stocks in the market and it has purchase 17,654,000 shares thus far at an average of $0.034 and that they intend to continue acquiring stocks until the transaction is concluded and therefore saving a considerable amount for the acquisition."
I thought the dissident shareholder was funny but this is awesome.
One guy is selling 20 million shares at a loss of 10 million dollars, then another guy is buying 17 million shares illegally, that is great.
A purchasing company cannot buy shares on the market, it's illegal, as the shares are voting shares.
I hope the PR on THursday is just as funny. If it is, I will buy 100 shares just to do my part to keep this fiasco rolling.
We have a product that cannot work with our current understanding of physics, a company with no patents, selling patent licences to a company with no income or assets, selling itself to a company based in Turkey, operating in Dubai, being run by a Persian, with < 1 million in annual sales.
We have the who's who of Montreal's underground running the scheme. Who should have by the way stayed in school and learned to spell better.
Then, to top it all off, we have shareholders who bought into the scam and grasp at any straw even if it's an invisible one to try and make up excuses for the stupidity ensuing.
I hope the joint PR is written in broken English, or even better Arabic, translated to english through google translator. That'll be worth 100 shares.
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