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Re: BRIG_88 post# 78317

Tuesday, 11/23/2010 10:45:54 PM

Tuesday, November 23, 2010 10:45:54 PM

Post# of 312026
PP's are usually at a discount to the going Market Price. And the price usually falls immediately to the PP price, both because of trading opportunities and dilution. that is fair ball for a stock that is represented fairly and where the market PPS reflects the intrinsic value... somewhat.

I have no problem with the .80 PIPE, but the 4.00 PIPE? The stock price at the time was a result of JB''s "Public Market Strategy" (that is such a cute phrase, almost like "Lurker"), and the FALSE financials.

Selling a stock on a false premise or when you know you can't deliver the goods is Promotion. Worse, misrepresentation.