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Friday, July 30, 2010 2:04:16 PM
This has all of the ear markings of crook:
exagerated projections such as servenation
scant balance sheet
claims of toxic PINR shares
Talk of RS split while at the same time putting out great news of things happening at the company.
Things here are not adding up. Don't forget though that until we have a verdict No RS split verses RS split, anything can happen.
I have seen it time and time again.
I can see why a CEO would laugh at people selling frantically at .0001. They are panicking. Maybe righteously so, but maybe not.
Lets give this guy a couple of days and see where he is leading us. If he raises the cap on the stock (and doesn't announce a RS split) this will still go back up a little (maybe .0004 to .0006). If he follows the No reverse stock split with good news it could be just as high or higher than it was before.
The ball is in Mark Newbauer's court.
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