Friday, September 23, 2011 11:48:11 AM
I mean why do a reverse merger to give away part of your company without trying to get back shares a discount before you announce the "real value" of the shares. It seems they, more than anyone, would want to string along some PR's to get shares moving, to get those shares. Think about it. If you knew you could buy shares of your own company, lets say 200 million shares, at a price under a penny, wouldn't you hire someone to buy shares for 3 months straight until there are no more shares to buy? Or maybe you stop when the price starts to go up too quick and/or just before you lose the investor base.
If I were Lou and I had a millions in sitting in my personal bank account, than I would drop 2 million to buy 200+ million shares and then turn a 2 million into nice 10-bagger once I disclosed the fins. He would know more than anyone that once things get cleared up the stock price is going up. He is the only one that would know that as a FACT.
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