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Thursday, December 30, 2010 1:09:30 PM
You look forward to the RS..I look forward to the new CEO coming on and the transparency of who owns the majority of shares and what retailers will be including etc..
As far as this..
"To even suggest that these shares are going anywhere but into the float via dumping by a PIPE funder is LUDICROUS if not flat out disingenuous"...
The only "LUDICROUS" statement being made is the belief that the majority of the shares are being bought up by average retail investors..
The argument still holds..either the insiders have the majority and are not selling or there are retail investors willing to hold close to 3 billion shares through all this doom and gloom..My bet is that the transparency I speak of will prove that the vast majority of shares are locked up tight and that a few traders are playing with the rest..With all the doom and gloom statements being made and by following the accumulation line and lack of any significant selling volume..my scenario is backed more than any unproven statement about a "PIPE funder" dumping shares to the retail side..
In your scenario..would you care to show us who has bought close to 2 billion shares that itrader has resubmitted to the board many times in posts and why they are not being dumped by the 100's of millions daily by the multitude who believe in your opinion??
If you can provide a link to the PIPE funder you mention that backs up your claim that would be great..Otherwise..check the volume traded daily and the accumulation line for your answer..
As I said..to each their own and this company is not a scam..Happy New Year to all...veno
To each their own..do your own DD..and the longs win here..All others are non shareholders or flippers..
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