Get ready for the price blowing south
Wave as it passes the Disney price. It'll be fun to watch where this goes. Tough to say if/where anyone steps up and defends it. Buyers get overwhelmed by the avalanche of stock available. I'd say the $.15 cent Sep. low is a lock to revisit. Wouldnt be shocked to see a dime in this move.
Meanwhile, back in Gotham City, he worst mgmt team on the pink sheets remains dead silent. Dead money for a year primed to get worse. It's Tailspin Time.
Perhaps when the stock hits a dime this brilliant, shareholder-friendly Mgmt team will issue a news release. People will be expecting some clarity about the ownership of assets. Instead they get:
"For his ongoing dedicated service to POW!, we are granting Gill Champion 625,000 additional $ .13 cent warrants--right above the current ten cent price...Oh heck, lets make it $.12 cents! Lawyer Lieberman gets 625,000 shares too. And our Superhero's wife cant be left out. Lois Lane gets 625,000 too."
All you nickel fantasizers--if they lose assets in a lawsuit judgement you may get your wish. The silence behind the whole matter is deafening.