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Re: Seminole Red post# 34776

Wednesday, 03/23/2011 9:12:51 PM

Wednesday, March 23, 2011 9:12:51 PM

Post# of 41474
Correct - no bid support

Just an almost-worthless penny stock who's reputation seems to be for diluting zand reverse splits and destroying sharesholder value, IMO.

The company doesn't even pay obligations it admits it owes. It seems to prefer to hype buybacks that include buying a few shares, then deciding to dilute the stock to no bid fast...all while investors are believing the buyback story as the stock price tanks. Thext thing they know, there are billions more shares in the share pool and the company does a big reverse split.
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