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JB_Jones

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JB_Jones

Re: aries4747 post# 655

Wednesday, 11/10/2010 12:24:04 PM

Wednesday, November 10, 2010 12:24:04 PM

Post# of 1453
...and so it begins.

What reason would they have to increase the authorized to 1 BILLION if they are planning on buying back shares for $6? Oh...that's right...because they need to sell enough stock to make some cash when this thing is trading sub penny.

If you REALLY want to do some DD, look into Albert Reda, IBUI / SMWF / GDTK garbage. This is just more of the same.

...so does anyone want to explain why they need 1 BILLION authorized shares?

Why a company who claims they will invest 5 BILLION DOLLARS is bothering with a pink sheet shell?

Why a company who claims to have $36M cash burning a whole in their pocket would want to pay that to shareholders of a pink sheet shell?
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