CBA Florida Inc. (fka CBAI)

[Bren4Realtor]

Unfortunately when folks talk about the demise of the stock price they are talking about how the stock lacks worthwhile buying to support it. Prior to the press release of reverse split and issuing more shares the stock had found a base around .004. I basically started going very negative on what was happening due to the reverse split and issuing more shares and what the future looked liked. At that time many of my posts where deleted. Some here kept posting about how it was a great time to buy and how the ask was getting hit predicting the rise in the price. I said be careful because I thought the trading represented market makers selling naked shares at the ask and replacing them at the bid or lower. Totally legal. Here we are today with JMJ being the reason for the decline. I am in firm belief those that voted yes are as much to blame for where we are today. If Matt had the bottom line numbers to show the path to profitability he would have no problems finding stock buyers. The market makers are making safer money on the downside rather than inventory the stock. When a penny stock CEO say he wouldn't do a reverse split unless it was into strength and then does the opposite, is a major reg flag. Telling shareholders that the reverse split will attract better or larger investors not to mention up-listing has been BS. The DTC chill is just the icing on the cake. Reverse split and issuing more shares is a major concern of the DTC. A good learning lesson for all. If the vote was held tomorrow I doubt it would pass. If in fact the naked shorting has been the controlling destiny for the stock why would anyone invest here. This grassroots go after JMJ wont change the direction of the stock. Matt needs to fix his image as a penny stock CEO and then maybe the stock will have a chance. For the record I still own every share I bought.