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Tuesday, December 27, 2011 2:22:17 PM
100 million shares can be had now for $20,000 (assuming one hits the bid at .0002). That pales in comparison to a value for the same number of shares at .005 ($500,000). That puts the impact that ML's dumping has had on the share price in stark terms - half a million to $20,000.
I hope ML has something big going on - the share price suggests that no one believes it at this point. Who's fault might that be Mr. Leonard?
Are we at 3.2 billion o/s or closer to 6.5? It can't be that hard to let shareholders know that so for now, ML's credibility is pretty low.
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