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Re: Geldmann post# 82199

Saturday, 10/16/2010 7:36:05 AM

Saturday, October 16, 2010 7:36:05 AM

Post# of 154386
Wrong in many ways. They PR'd a buyback to lure people in. Plain and simple. No company raises their AS over 4 Billion shares in 4 months just to buy them back. That's called wash trading and is very much illegal. Plus at the time of that PR they had money to even consider that as an option.

Certain people here feel the need to tell other the reason for the pps is certain people creativ panic. It is those that speak realistically that are speaking the truth while others are blind to the way that pink sheet stocks work. They chose a funding path that won't allow them to grow in pps but allows the company to get by while dissing the shareholders.

When people wake up to this and leave their emotion aside they will then see how corrrupt these CEO's are. Every day the company is releasing shares into the market via the 504 funding THEY chose to use as a means to get the product out there.

Since they are a NON reporting company you can't rely on the filings and hope they are not omitting important aspects of the way they run the company.

The past has shown what the owner of this company has done and will continue to do to it's shareholders.

Again, welcome to the pinks

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