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Re: maybethistime post# 2480

Friday, 09/17/2010 12:57:47 PM

Friday, September 17, 2010 12:57:47 PM

Post# of 35711
You hit exactly the point imo ... If they wanted really to get credibility in the company they would make a R/S of 500:1 and not 50:1 without an increase of A/S ..

At that point we were traded at 0.50$ after the split an not again at 0.05$.

The number of A/S is now at about 1.2B, after the split (50:1) the new number of A/S should be 24M ... and the number of O/S at about 110M and shares traded at 0.05$

But that new number of O/S of 3.0 Billions after the split is too much imo. At that point i don't trust the company any more, looks like they start the tricky game from the beggining.
I became long on this, lowered down last week and now i see that news …. Lost all the faith.

I have really hope that this »Terra« deal will give a push to the pps of EFIR, but now i'm thinkig of exit from my position.

But when the meeting will take place? … i can calculate how much time left me to see any kind of optimistic news on EFIR to exit from this position.


Before you buy something do a good DD and make your own conclusions. My post express only my oppinions.