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Re: zoedog10 post# 5091

Wednesday, 01/26/2011 10:52:22 AM

Wednesday, January 26, 2011 10:52:22 AM

Post# of 9091
Its my opinion that the main seller right now is St George. All of the dilution over the last 10 months has been to pay them off, as well as Ian Gardner. They have been cashing in on their convertible notes. And the fact they have been issued roughly 400 million shares over the last month at under .0005, they are taking money off the table and then will re-lend the profit back to Helix to payoff Bluewater.
Once they finish, they'll let it go.

It is in the best interest of St George to do what they are doing.
Bulls$%#, yes, but when you're swimming with sharks, you have to sit back and wait for them to do their thing.