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Sunday, April 24, 2011 10:10:51 AM
Back then:
Low share structure (Lower OS, Much lower Float, OS was far from maxing out the AS)
Company was throwing out a bunch of PR's to make shareholders think there was progress
The company was showing that they've made many deals with many retailers (and in discussion with a total of 200)
There were an overload of pumpers (which at that time neither me nor many others realized)
The company people spoke with shareholders in the kindest way and I couldn't believe the level of care towards shareholders that people like Betsy were showing at one point.
Company (Betsy) was spreading rumours about the share price hitting $20 and being up listed to a major exchange
Now:
Float is almost 4 times the amount it was then, OS has increased by over 500 million and the AS seems to be maxed out (we will confirm this tomorrow hopefully)
An R/S is imminent
All of the Company's PR's so far have been proven un credible and nothing more than lies. A simple fraud on the company's side.
We've not yet heard a word in over 4 months on the progress this company's made with "Over 200 retailers" that they were in talks with
The pumpers openly admit they dumped the shares at points where they were pumping and left with a hefty profit.
The company (Betsy) now calls their shareholders morons
Betsy can no longer speak a word over the phone and redirects you to a shitty IR who can never answer any question on the spot and never gets back to you as promised.
The Direct TV marketing campaign that was supposed to start in February, there is still no sign of it.
Now as to why I'm still here. Although many of you disagree, I'm awaiting some numbers on monday and waiting for the company to announce an R/S. Once the R/S is done and this thing tanks again, that in my opinion is the perfect entry point for me and from there it might have a chance of going higher thus I will be putting some money in here at that point
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