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Friday, May 29, 2009 11:56:03 PM
The new wnbd 504 guys pay $30k to wnbd ,
and get a 50% 'discount' , IOO ; So , for a very short time ,
they temporarily 'own' $60k 'worth' of wnbd commons ,
at its then current trading price.
For example , the next lucky 504'er will pay $30k , and get :
$60,000 / $0.0038 = 15,789,473 Brand New wnbd commons.
When the trading price of wnbd sinks to $0.0020 ,
the next luckier wnbd 504 investor will get :
$60,000 / $0.0020 = 30,000,000 Brand new wnbd commons.
And, thus, be the largest temporary holder of wnbd commons.
[Except for the convertible 'Preferreds' , of course ;
who always , IOO , own 80+% of all 'votes' , and if it's
ever 'worth' converting , they would also own 80% of all
common shares , After All previous dilution , because ,
they are UNdilutable , IOO , like ~All pink 'Preferreds'.]
But, the new lucky 504'ers ~always sell their new wnbd
commons ASAP , IOO , to get their investment back , plus 100%
profit , usually within 2 weeks ; depending on how fast
the old wnbd longs are able to keep averaging-down , and if
they still believe enough in the wnbd CEO's strategic plan.
extra , Sincerely .
P.S. ; That's why pinks Always hide their 'Fully Diluted
Share Structure' , and permanently gag their TA , and
never release Any Financials. Even though it would cost
$zero , to just copy their tax returns onto their website.
[Which they somehow can ~Always 'afford' to update with 'news'
that does Not reveal Any Financials , or Share Structure.]
Averaging-Down is profitable for shorters , only [and All pinky/penny CEO's + Brokers + M&M's].
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