News Focus
News Focus
Followers 192
Posts 18521
Boards Moderated 0
Alias Born 03/21/2010

Re: invesdebater post# 23702

Thursday, 06/21/2012 7:49:09 PM

Thursday, June 21, 2012 7:49:09 PM

Post# of 57581
I'll answer your question:

1. Management needs to rescind the super voting shares they awarded themselves
2. When good news is released don't dump bad news on the market (O/S or A/S increases for example)
3. Communicate honestly with shareholders

With respect to manipulation: no-one has manipulated the share price all the way from $0.034 to $0.0003. It's not a credible argument.

The reason the price dropped from $0.034 to $0.0003 is:
1. too many shares relative to demand
2. Valuation (assets, revenues, etc.) on a per share basis are worth less on a per share basis the more shares there are on the market. That's the impact of dilution.
3. Company is losing money thus forced to issue more shares (see 1 + 2)
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y