Ealixir Inc (EAXR)

[SkinFlint]

Hey saibling you hit the nail on the head.

"Seems like dogshit,sinking in deep calm water without resistance,sinking,sinking"

The company released that red herring PR about $10M in funding back in June and they still have not received a dime. Since then it has used and abused shareholders by dumping over 400M new shares on the market as a substitute for financing. 5x the amount of shares that were on the market as of August. They could never have dumped that many shares without manufacturing news and the continual "promotion" of the stock here and on other boards. Well now the loyal followers of those promoters are either tapped out and can no longer buy any more stock or they are seeing through the smoke screen as you are.

Now there are over 529M outstanding shares and most of them are underwater. With the end of the year approaching and the stock price sinking lower and lower irregardless of "news" the prospects are not looking good for longs as there will be major tax selling. I wouldn't be surprised to see this retesting the .001 lows near the end of the year.

Vince had better get that S1 or it's curtains for Flint.