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Re: maybe_this_time post# 8169

Tuesday, 08/02/2011 11:55:48 AM

Tuesday, August 02, 2011 11:55:48 AM

Post# of 9091
It looks like one of them is trying to beat the other to the punch. One can dump their 172 million shares over a couple of weeks and the stock will only drop to 0004, maybe 0003, and they can still make money. But if they both were to convert their perferred shares and dump their stock, then the bottom would fall out of the price.

If people would just step back and look at mgmt's history over the past 1 1/2 years, they will see this company has no future and any buyout, if it were to happen, will not be worth anything to investors. Considering 1000 Series A Perferred converted to common at 1850 per perferred share along with the pervious O/S of 1.75 billion, that's a total of 3.6 billion shares that will be outstanding and/or converted if there is a buyout. And a buyout of $1 million will only be worth $0.00028 / share. Based on this, most investors will lose. I don't see anyone paying more than this for this patent. jmho