InvestorsHub Logo
Followers 71
Posts 17460
Boards Moderated 0
Alias Born 08/29/2008

Re: Megafauna post# 23375

Tuesday, 08/18/2009 2:37:12 PM

Tuesday, August 18, 2009 2:37:12 PM

Post# of 41474
It is the share conversion, plus the paid stock promoters trying to sell the shares HRNF is paying them to help HRNF dump shares in the private placement.

Once converted, these bagholders will be selling , but there is almost no buying interest. That's what the stock promoters are paid to do....help the dilutive shares get dumped by slowing down the stock price decline.

The SEC is watching more scam companies and new SEC/FINRA rules on pump/dumps makes the crooked traders even more nervous.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.