Monday, January 30, 2012 5:25:48 PM
Nebula, how did wilf's plans work out? If I remember correctly, you were quite excited and told others if his plan worked out this would remove 100,000,000 shares from the OS?
The OS was about 1.3 billion back in September '10.
It's 1.836 billion today.
So that means instead of wilf doing what he promised, he actually did just the opposite.
HE ADDED SHARES.
Imagine that.
HALF A BILLION, to be blunt.
So here's wilfs "plan", in wilfs words:
"So here is how I plan to do it. Lets pretend that by the end of December we had $5,000,000 in appraised artifacts. I have arranged for a 2.5 million dollar loan and they will go as high $10,000,000. With the proceeds from whatever the loan is we would put away enough to run the company safely for one year. About $1,400,000, the rest will go directly into a stock purchase plan, much like we did with the gold buying. By the way that little effort paid the bills for a few months and also bought 3,400,000 shares out of the market and put them right into the employee plan. With that kind of buying the price should maybe quite possibly go up a little. So lets say it went to .10. Well next year we could do the same thing, then sell off a few shares to repay the old loan and each and every year if no one else ever decided to buy shares except the employees, we would all win. Because the price of the stock eventually has to go up, why, because we have in effect created our own market as we buy back the shares from the people who got us here."
You are aware right nebula the employee stock plan is -14k deficient.
But hey wilf says "Lets Pretend" roflmao.
How much information do people need to realize this is one of the biggest piece of garbage scams out there ?
WAKE UP PEOPLE
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