InvestorsHub Logo
Followers 14
Posts 1782
Boards Moderated 0
Alias Born 05/26/2010

Re: retired3 post# 39882

Friday, 03/23/2012 10:10:15 AM

Friday, March 23, 2012 10:10:15 AM

Post# of 52575
It's been really hard to track real time activity as the company doesn't disclose those transactions except through FS filings and TA updates. Even then, they don't define the specific use of funds when they do tap financing resources.

I don't believe 100 mil shares at todays s/p discounted by 50% will garner the funds needed, not even close. We're talking less than $10k at 3 day bid of .002 if they financed at peak.

IMHO

D
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.