InvestorsHub Logo
Followers 22
Posts 692
Boards Moderated 0
Alias Born 07/23/2006

Re: None

Thursday, 06/14/2012 11:46:00 AM

Thursday, June 14, 2012 11:46:00 AM

Post# of 72244
I too got a email response from Mr. Holdsworth. Same message. best parts:

RAFF shorted more than one million shares yesterday in his own name and looks to have made more than $100,000.

Finally, and this is important, as for future mergers, all shareholders will know in advance if we are going to authorize and issue more shares to consummate a future merger because we will be required to send out proxies to get the 51% votes required to for the authorization because the insiders do not collectively own 51% of the shares. Let me say that again, before we can raise our authorized, every shareholder will know well in advance because they will receive a proxy and can vote yes or no on whether to raise the authorized and how much to raise it by.

Seems like the viscious short has promoters on this board screaming dilution over and over. Nice scare tactic- should work 100% of the time playing on fears and human emotion.

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.