Some here are always coming up with positive reasons for the
gagged T/A. I cannot find one, especially with all the
shenanigans going on with the RME shares and the continual
raises of the A/S. If you look back at the last 10q from Feb
the A/S went up 4 or 5 million shares and were magically reduced by the same amount before the 10q was released by the exact same number. It seems to me that the company is trading
the RME shares in between filings. They seem to be raising the A/S in between filings to sell these shares, then buy them back before the next filing period so the A/S looks like
it never went up. You have to wonder who sold all those 250m shares on 6/12 to drop the PPS from .28 to .08 in minutes.
Try this as a scenario that I think is happening here.
Lets say that RME has 600 million shares (all owned by company insiders) and all these are free trading shares.
The Company officials own RME, the Company officials paid the
company approx. .02 per share for these 600m shares. The stock goes up to .28? and these RME shares are suddenly dumped
for a huge profit down to .08. Do the RME shareholders care
if the stock goes up from .08?, remember they only paid .02
per SEC filings. It certainly makes one wonder why all the PR's, especially the Dicon one never moved the PPS.
Now they attempt to buy back all those shares
so they can retire them back into the treasury, that's why (IMHO) the stock traded in the 8,9,10's for 2 or 3 weeks.
Raising the A/S allows all this to happen and is why the they
picked a T/A that doesn't report the A/S. Believe what you want, but there is some funny crap going on with this stock.
I believe as soon as this gets to a certain PPS, this same process will repeat. GL, and only trade this, please!
AI
