InvestorsHub Logo
Followers 0
Posts 12
Boards Moderated 0
Alias Born 05/18/2011

Re: old_schooler post# 354

Tuesday, 05/24/2011 5:08:34 PM

Tuesday, May 24, 2011 5:08:34 PM

Post# of 503
He recommended the stock because he had a huge gain on it. I think he was granted the shares in the $0.25 range. He does not know anything about the company beyond the fact that he did work for them. My questions are:

1) Why is the company listed on a German Exchange when they are based in Canada?

2) What are the company financials? The reason for the lack of financials was answered, but I would still like to know what their income statement and balance sheet looks like. I am concerned that some shareholders have access to this information whereas others do not. I never suggested that this was illegal, however I wondered aloud what the laws are.

3) How many shares are outstanding and are they being diluted (i.e. are others being given shares in lieu of cash)? As you can't pay for groceries with stock, sooner or later those granted shares for work will need to sell the shares.

4) What is this "scam" that drove the share price down. What happened and why was it successful?
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.