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Wednesday, January 04, 2012 10:23:16 AM
- Tons of shares provided to promoters in 2010/2011 (not a prediction, we already know that).
- No one buying because a) too many free shares given to promoters and for "debt convertion"; b) unknown convertible super-voting preferred shares held by CEO and wife
- Low volume trades for a while while promoters/bagholders try to get something started
- Promoters begin to dump shares at whatever they can get
- PPS falls dramatically as promoters and bagholders compete to get some cash
- Company raises "naked short selling" specter in hopes of stemming slide
- NSS explanation fall flat, once again
- Many new "partnerships" announced
- No significant revenues, "but 2013 looks great".
"The world is a dangerous place, not because of those who do evil, but because of those who look on and do nothing."
-- Albert Einstein
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