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Re: MobileMadMan post# 14198

Wednesday, 08/24/2011 9:34:24 PM

Wednesday, August 24, 2011 9:34:24 PM

Post# of 14708
Speaking of market cap, the O/S has risen
about 10% in first 6 months of this year.

I was hoping CC would explain a few things about
the borrowing practices of RFNN, but since he hasn't,
I will give you my spin.
In 2nd qtr RFNN sold over 3M shares for prices between
.03 & .035 to an investor(s). This added to shares issued to
(Asher, mgt, UE) and you have many new shares hitting the market.

In the last year and 3 months the O/S has increased about
30%. Jeffrey always kept a lid on O/S, but now it seems to
be increasing like every other penny stock. We just don't
have enough followers to soak up all these new shares.
When or if the company becomes profitable the 1st order of
business should be a share buy-back.

If any of you other Redfins reply that you have to
spend money to make money, I'll hunt you down
and cut off a fin!
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