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Re: Justa_Guy post# 16553

Friday, 01/21/2011 11:39:17 AM

Friday, January 21, 2011 11:39:17 AM

Post# of 263707

I will keep watching this and I hope it all comes true in the end but this "unhappy poster" is not trying to bash but just being realistic.



Someone gets it!

Why borrow 3 million to buy back 3 million to go into debt? And the debt is convertible? By that time the price will be even lower, and the debt even more dilutive. I hope you kids are selling into this pop. Maybe the only chance you get. Not to mention they could literally buy enough shares to take the company private:

Market Value1 $2,698,152 a/o Jan 20, 2011
Shares Outstanding 190,010,713 a/o Nov 18, 2010
Float 90,010,713 a/o Nov 18, 2010

But that O/S has to be much larger now, thanks to their selling of shares.

Also IMO, the next PR you see will say they are suing the "Bashers" That's always the last resort to try and salvage what little confidence shareholders have left.