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Re: SloPoke post# 16429

Friday, 10/01/2010 5:12:01 PM

Friday, October 01, 2010 5:12:01 PM

Post# of 26430
I think those here that are jumping out and / or talking about bailing, should. It’s not worth stressing over. If this goes, its going to be on real numbers led by real income. The time its going to take to get this operation off the ground dictates that this isn’t any sort of play but an investment. That being said, if this is an attempt at a pump and dump on a stock that was already in its death throes... then these guys are spending a hell of a lot of time and money to split a couple hundred thousand bucks. They’ve spent nearly $100K on Money TV appearances alone ($17K per). So what purpose does raising the A/S serve when your talking about an .0001 stock that flirts with no bid on a daily basis? Who are they going to sell those shares to? It doesn’t make sense. Are we sure this doesn’t have something to do with the share swap that happened a few months ago? Raising the A/S, if that is what the next 10Q shows happened, is not technically dilution. I still contend that the activity we’ve witnessed as of late is not dilution. If it were, we would never have seen a bid. But we did get a bid because the shares that were out there dried up. The pps went up, however slight. Dilution causes a price drop. I just think that whats being proposed in this business model is the perfect situation for a lazy SOB (Al Reda) who would rather not work for a living. He doesn’t have to do anything. His only job (via Bo) is to convince a few people with deep pockets to get his sites operational and he sits back and collects the dough. Again, I don’t want to come across as some sort of apologist. Ive said all along that I think theres money to be made here but those getting in have to do their DD on this company’s history before making a move. Sorry for the rant... I just don’t see in reality how anything has changed from last week to this week, except perception.
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