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Re: puppydotcom post# 164266

Monday, 10/18/2010 2:12:41 PM

Monday, October 18, 2010 2:12:41 PM

Post# of 221867
Are you refering to this??

FFGO

After wisely “going dark” (non-reporting) in 2005 and fighting the shorts for 2 years on March 26 of 2007 they suddenly announced that they had increased their authorized share count to 5 trillion shares. Since the management teams of most pink sheet “presumed scams” usually end up distributing shares (often to themselves) up to their authorized limit the shorts sensing a massive pump and dump immediately attacked and drove the share price down by 99%. Soon thereafter management made a press release stating that they just bought back half of their 60 billion shares at super-cheap levels and they reset the authorized to 75 billion. OOPS! The naked short sellers weren’t amused and the gloves have been off ever since.


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