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Re: J-Rhino post# 98617

Thursday, 08/13/2009 4:05:46 PM

Thursday, August 13, 2009 4:05:46 PM

Post# of 241044
It's not possible to buy 'the ENTIRE float',,,

Because 80+% of it is owned by Insider Preferreds ;
who have not yet converted to floating commons ;
but could , at any time , [IOO] ;

and probably at ~300 commons for each 'Preferred' ;
which explains why wnbd has always had 5 Billion
Authorized Shares , and a permanently gagged TA .

In Addition , to buy 'the ENTIRE float' , a commoner
would have to keep buying all of the 504's that keep
floating in , for many years so far , and much faster
lately ; Supposedly at a rate of 'only' $1 Million per
year 'cost' to the Atlanta Insiders .

But , they get a 'discount' , of probably ~50% ; so ,
for every $1 Million they 'buy' , they flip out another
$2 Million 'worth' of Brand New wnbd common shares ,
and probably within 2-4 weeks of their super-short-term
'investment' , for a quick + riskless 100% cash profit .

The only risk is that the outsider longs will eventually
quit averaging-down fast enough , after they quit buying
wnbd's PR's , which are never supported by Independently
Verifiable Proof of wnbd's Sales + Losses + Share Structure.

Our favorite secret fact still is , and always has been :

EXACTLY , WHAT IS "The wnbd Group" ? And , EXACTLY ,
What tiny part of it is 'owned' by wnbd common longs ?

extra , Sincerely . And IOO , As Always .

Averaging-Down is profitable for shorters , only [and All pinky/penny CEO's + Brokers + M&M's].