Tuesday, June 02, 2009 2:10:03 PM
Let's face it, the #1 Hacker did get caught so not sure what that says about his techie skills either!!!
And besides, once more for those that don't understand how shells are bought, the DILUTION occured at the time of the purchase of IGTP. We don't know who owns the increased free float shares because GREG refuses to tell us. When CEOs refuse to disclose this information or other information like revenue it is NOT becasue they are hiding good news!!
Greg seems to be frantically throwing fluff PRs and dividends promised in the future (versus NOW) PRs to get the pps up. Maybe he is just trying too hard or maybe he is selling shares owned by LIGATT as part of the free float shares. I wouldn't care if he was selling shares IF he actually had ANY FREAKIN NEWS WHATSOEVER that had significant revenue with it. So far, none of his acquisitions, new products or BS schemes has ANY SIGNIFICANT REVENUE IF IF IF ANY!!!
PS - papadavid (out of post for today so answering post on top of this one), Greg does not need to DILUTE because I can guarantee 100% he gave shares to Ligatt at the time of purchase of IGTP which is why he refused to give the share makeup for a long time. And yes, it is not likely a huge amount of shares. However, when CEOs refuse to give information out, it is ALWAYS a red flag.
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