InvestorsHub Logo
Followers 1
Posts 35
Boards Moderated 0
Alias Born 10/07/2010

Re: pennstreet post# 33475

Thursday, 10/21/2010 7:52:28 PM

Thursday, October 21, 2010 7:52:28 PM

Post# of 45771
200 Million More Shares:

For those of you who think I'm all wet concerning the additional 200 million shares being proposed and what it will do to your investment, this is what the shamelessly pro-CDEX poster, Pennstreet, is saying on the IHub Board:

"You are absolutely right, once the increase in shares are voted for, the company stock price may go to 1 cent or lower. Take a load off and let it go."

Now we know we (public shareholders) won't be getting any of those 200 million shares, but do you think for a moment that JB, MP, the directors and certain insiders won't be scarfing up some of those shares to keep or increase their percentage interest in the Company????????????????????????????????????????????

JB should be speaking to this issue, but it's as plain day why he remains silent...how do you tell the shareholders that there will no dilution for him and select others?????????????????????????

Based on his silence, I'm not sure where JB stands on anything!!!!!!!!!!!! Does anyone have a clue?

Can anyone make an argument that the selling rampage IS a vote of confidence for JB, his leadership and where he is taking this Company ????
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.