InvestorsHub Logo
Followers 17
Posts 120
Boards Moderated 0
Alias Born 10/31/2008

Re: None

Tuesday, 04/19/2011 12:31:24 PM

Tuesday, April 19, 2011 12:31:24 PM

Post# of 7273
I don't think the company is selling, they issued 15.M shares to cover a debt, so who got these shares is ready to sell them for anything above the debt, which if i'm not mistaken 0.0010 per share.

The float is still low and will always be if BYRG don't sell their own shares. And with one single good news we can reach 0.05 (if BYRG don't dilute).

But the joke is, who bought on 0025 today will be happy to sell on 0050 with 100% profits, while this 0050 is yesterday's low, and I already see L2 (28, 45, 56, 0.01) , while the 28 is the creditor who is selling, the 45, 56 are traders bought today 0025-0036.